Sales bonanza at ASML as China stockpiles chipmaking kit

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Sales bonanza at ASML as China stockpiles chipmaking kit
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Dutch exports skyrocket thanks to Washington restrictions

"Our customers are aware of the export control regulations, so, they know that as of January 1, 2024, it is unlikely we will receive export licenses for these systems for shipment to domestic Chinese customers," an ASML spokesperson toldOne effect of the new restrictions has been to accelerate the stockpiling of chipmaking equipment before any further sanctions might be announced.

A senior economist at the Centre for European Reform attributed the rise in Chinese imports from the Netherlands to"Beijing's buying spree of Dutch chip machinery before the drawbridge gets pulled up." Dutch politician Dilan Yeşilgöz-Zegerius, leader of the VVD party, said recently the Netherlands should have acted earlier to limit the export of chipmaking machines to China, according to, announced last month, can be used to produce 5nm chips and are claimed to be less costly than ASML's kit.

Tokyo's chipmaking export restrictions, announced along with those of the US and the Netherlands, are understood to not explicitly block nanoimprint lithography. Canon seems hopeful that it may be able to sell these to China as a result.from the US government that the latest rules dictating the sale of its AI accelerator products to China were"effective immediately," despite being slated to come into effect after 30 days.

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