ASML Shares Slide After US Probe Reveals $38B Chinese Chip Equipment Purchases
Shares of the largest manufacturers of lithographic equipment fell after a U.S. Congressional report revealed that Chinese companies had imported chip-making equipment worth $38 billion. The report also weighed on Dutch firm ASML, whose securities declined by more than 5% intraday. Nevertheless, the semiconductor market remains constrained by the fragmented Western policies and China’s growing […]
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