The Netherlands-based chip equipment maker ASML has reiterated its financial guidance for 2025, saying it does not expect new US restrictions on semiconductor exports to China to affect its sales.
ASML shares rose 0.9% after the company released a statement, citing its “industry-leading” computational lithography software as a significant differentiator in the market.
The new US rules, part of Washington’s third crackdown on China’s semiconductor industry in three years, impose stricter controls on equipment makers and exports to over 140 Chinese companies, including subsidiaries of SMIC.
However, ASML believes the regulations will have little impact on long-term demand for its products. The company’s scenarios for global demand are not expected to be affected by the new rules, which include tighter restrictions on software and metrology equipment relevant to ASML.
The Dutch government has expressed concerns over uncontrolled export of advanced semiconductor equipment, but said it makes its own assessment and takes measures based on its analysis of threats to national security.
Source: https://www.reuters.com/technology/asml-does-not-expect-us-export-curbs-hit-long-term-chip-sector-demand-2024-12-02