ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions
ASMLASML Holding(ASML) CNBC·2024-07-31 16:31

Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded export restrictions on chipmaking gear to China.Reuters reported on Thursday that the U.S. is considering expanding the so-called foreign direct product rule, but that allies that export key chipmaking equipment — including Japan, the Netherlands and South Korea — will be excluded.Exports to China from countries including Israel, Taiwan, Singapore and Malaysia will be impacted ...