Reported 3 months ago
The US plans to exempt semiconductor equipment manufacturers in the Netherlands and Japan from new semiconductor export restrictions aimed at China, according to sources. While the Biden administration is implementing a broader trade policy to limit China's access to advanced semiconductor technology, companies like ASML and Tokyo Electron are seen as likely to benefit from this exemption, leading to significant stock gains. Despite this temporary relief, the U.S. retains potential regulatory power that could impact these companies in the future.
Source: YAHOO