undefined | ASML shares fall after proposed U.S. export curbs target an already fragile China market

ASML’s shares slipped on Tuesday after U.S. lawmakers introduced the Multilateral Alignment of Technology Controls on Hardware (MATCH) Act, a bipartisan bill that would extend American semiconductor export restrictions to include the Dutch company’s deep‑ultraviolet (DUV) lithography machines. While ASML has never exported its most advanced extreme‑ultraviolet (EUV) tools to China, it does sell DUV equipment used to make less‑advanced chips such as memory devices. The proposed legislation would ban even these DUV tools, which currently make up roughly 10‑15 % of ASML’s total sales and account for about half of its Chinese business, threatening a hit of roughly 5 % of overall revenue.

Analysts say the bill is still in an early stage and its final scope is uncertain, but the market reaction suggests investors view it as a material risk. A ban on DUV tools would likely spur a short‑term surge in orders before the restrictions take effect, followed by mid‑term earnings pressure as China’s chipmakers lose access to the only reliable source of high‑precision lithography equipment. With China projected to contribute about 20 % of ASML’s sales this year—down from 33 % in 2025—a further curtailment could accelerate the decline in the company’s Chinese market and add volatility to its results.

Even as U.S. controls have pushed China to develop its domestic semiconductor industry, the nation still depends heavily on ASML’s DUV machines for the majority of its chip production, with no viable local substitute for EUV tools and few global alternatives for DUV. If the MATCH Act becomes law, it could significantly disrupt China’s ability to manufacture even less‑advanced chips, underscoring the broader geopolitical overhang that U.S. export policy now places on the global semiconductor supply chain.

Read more: undefined

#asml #u.s. #china #duv #semiconductorindustry

Китай украл и развернул технологию литографа, способного производить 2-нм чипы

Но пока потенциально: разбираем журналистское расследование от Reuters о секретном проекте КНР. Второй материал из цикла торговой войны между США и Китаем.

https://habr.com/ru/articles/979204/

#EUV #DUV #литография #ASML #полупроводники #чипы #техпроцесс #экспортный_контроль #iposharks #Александр_Столыпин

Das "chinesische Manhattan-Projekt" – ein Desaster für den Westen (Information, Analyse + Kommentar) #China #USA #Europe #TheNetherlands #Germany #EUV #DUV #EUVTechnologie #ChipRace #ChipProduction #KIChip #Geopolitics #Economy #Wirtschaft #Democracy

https://derwahlberliner.com/2025/12/18/das-chinesische-manhattan-projekt-ein-desaster-fur-den-westen-information-analyse-kommentar/

ASML under fire for selling DUV equipment to Chinese firm with military ties, says the machines are not subject to export controls — fears grow that 'old technology' will bolster Beijing's quantum effort

https://piefed.social/c/hardware/p/1554956/asml-under-fire-for-selling-duv-equipment-to-chinese-firm-with-military-ties-says-the-m

Huawei, EUV kullanmadan DUV litografi ile 2 nm çip üretimi için patent başvurdu. Yaptırımlara rağmen teknoloji devinden inovatif hamle. Çip dünyasında dengeler değişebilir!

🚩 #Huawei #Çip #Teknoloji #DUV #İnovasyon #Yarıİletken

Çin'den çip üretiminde büyük atılım! SMIC, yerli DUV litografi makinesini test etmeye başladı. Bu gelişme, ülkenin teknoloji bağımsızlığı yolunda önemli bir adım. Küresel çip tedarik zincirinde dengeler değişebilir.

🚩 #ÇipÜretimi #Teknoloji #SMIC #DUV #Yarıİletken