ASML Stock Jumps as US Expected to Exempt Some Nations From Chip-Equipment Export Curbs
ASMLASML Holding(ASML) Investopedia·2024-07-31 22:06

Key TakeawaysDutch firm ASML's shares soared as the U.S. reportedly prepares to exclude chip-equipment makers in the Netherlands, Japan, and South Korea from its latest set of trade curbs aimed at China's tech advance.According to Reuters, shipments from several exporters of key chipmaking equipment won’t be included from a Biden administration expansion of the Foreign Direct Product Rule next month.Places whose exports would be affected by the expanded curbs would include Taiwan, Israel, Singapore, and Mal ...