TECH - ASML-Backed University Finds Itself Caught In The Middle Of US-China Chips War | Benzinga
In the escalating U.S.-China chip war, the Eindhoven University of Technology, a significant talent source for ASML Holding NV (NASDAQ:ASML), finds itself under increasing scrutiny from the U.S. The Netherlands, a primary source of machinery and expertise for advanced semiconductors, is under pressure from Washington to curb Beijing’s semiconductor production capabilities.
What Happened: The Eindhoven University of Technology, located near ASML’s global headquarters, is facing questions from the U.S. due to its large number of Chinese students, Bloomberg reported on Tuesday. The Dutch government finds itself caught between its U.S. ally and a major export market in China amid this escalating battle over the global chip supply chain.
Earlier this year, under U.S. pressure, The Hague imposed restrictions on exports of ASML’s immersion DUV lithography machines, a key machinery category. Before the ban, U.S. ...