GEOPOLITICS | US Raises Concern ASML’s Top Chip Tool May Have Reached China

The US told ASML Holding NV it is concerned one of the Dutch chipmaker’s top-of-the-line machines may have made its way into China in violation of US-led export restrictions. In a series of recent meetings, according to Bloomberg, Commerce Secretary Howard Lutnick outlined the concerns to ASML’s senior leaders, creating what the company sees as its biggest challenge yet under the Trump administration.