ASML Says Easing China AI Chip Controls Would Boost Demand

ASML Holding NV Chief Financial Officer Roger Dassen said it will be positive for chip demand if Washington lifts restrictions on the sale of some artificial intelligence processors to China.

Nvidia Corp. said this week it received assurances that the US government will allow the export of some chips to the Asian nation that had previously been blocked. Advanced Micro Devices Inc., Nvidia’s chief rival, followed with a similar announcement.