Dutch bolster US fight with China by announcing export restrictions on chip tech
by Jon Porter from The Verge - All Posts on (#69ME3)
Illustration: Alex Castro / The Verge
The Netherlands has made public its plans to restrict the export of key chipmaking tools, a crucial step in the US's ongoing effort to limit China's access to high performance semiconductors, the Financial Times reports. The deal - which is expected to include controls on critical chipmaking tech from the Dutch multinational ASML Holding - was reached with the US in January but was made public this week when Dutch trade minister Liesje Schreinemacher wrote to parliament to outline the new measures.
ASML is a key player in the global chip supply chain, producing the tools that the likes of TSMC need to produce advanced semiconductors. Without its equipment, any domestic chipmaker in China will face significant challenges producing...