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ASML Accused of Bad Faith Exports
19 Jun
Summary
- ASML faces scrutiny over alleged bad faith exports.
- Exports of EUV-related gear to China are cited.
- ASML has denied the allegations made by officials.
ASML Holding NV, a prominent Dutch chip-equipment manufacturer, is reportedly facing serious allegations from senior U.S. administration officials. These officials claim to possess evidence suggesting ASML has not acted in good faith regarding its export practices.
The core of the concern involves specific exports of equipment directly related to EUV (Extreme Ultraviolet) lithography tools to China. This action has raised red flags among U.S. authorities, who interpret it as a potential violation of export control policies.
However, ASML has officially denied these claims. The company contests the assertion that it has acted in bad faith and maintains that its operations are compliant with all relevant regulations. This situation represents a significant challenge for ASML under the current administration.
