ASML Chief Sees US Pushing for More China Chip Restrictions
- ‘The US will continue to apply pressure,’ Fouquet says
- Washington wants to limit China’s access to advanced chips
ASML Holding NV Chief Executive Officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the Dutch producer of chipmaking machines.
“If you look at the geopolitical landscape, I think it’s clear that the US will continue to apply pressure on their allies for more restrictions,” Fouquet said in an interview during the Bloomberg Tech Summit in London on Tuesday. “The question is what is right for the Netherlands? What is right for Europe?”