Reported about 1 year ago
The recently retired CEO of ASML, Europe's largest technology firm, mentioned in an interview that the ongoing disputes between the U.S. and China regarding computer chips are more ideological than factual, and they are expected to continue. The U.S. has been imposing restrictions on ASML's exports to China since 2018, citing security concerns, with the latest efforts focusing on restricting services for equipment sold to Chinese customers. The former CEO emphasized the importance of managing stakeholders' interests and maintaining a balance amidst these ideological conflicts, expressing a long-term outlook on the chip war continuing for decades.
Source: YAHOO