ASML Responds to US Government’s New Export Control Regulations: A Game-Changer in Tech

US authorities have unveiled an updated version of the advanced computing and semiconductor manufacturing equipment rule, which imposes additional restrictions on the export of advanced chip manufacturing technology and is likely to have far-reaching implications for companies such as ASML.

The new rule will primarily affect a limited number of fabs in China.
ASML remains optimistic about its financial outlook for 2023 and beyond.
ASML is committed to adhering to all applicable laws and regulations.

In a move that could potentially reshape the global semiconductor landscape, the US authorities have unveiled an updated version of the advanced computing and semiconductor manufacturing equipment rule. This new set of regulations imposes additional restrictions on the export of advanced chip manufacturing technology, a decision that is likely to have far-reaching implications.

The rule is set to come into effect after a 30-day grace period, giving companies time to assess the potential impact on their operations. ASML, a Dutch company that specializes in manufacturing lithography machines crucial for chip production, will be closely examining the regulations to determine any potential ramifications for its business.

According to the information received, it appears that the new restrictions will primarily affect a limited number of fabs in China involved in advanced semiconductor manufacturing. This suggests that ASML’s systems sales in the region could be impacted in the medium to long term. However, the company remains optimistic about its financial outlook for 2023 and beyond.

During their Investor Day in November 2022, ASML outlined their longer-term scenarios for 2025 and 2030, and these export control measures are not expected to have a material impact on those projections. Nevertheless, ASML will be seeking further clarification from the US authorities regarding the scope of these new regulations.

ASML is committed to adhering to all applicable laws and regulations, including export control legislation, in every country where it operates. As the company navigates this rapidly evolving landscape, it remains dedicated to ensuring compliance while continuing to drive innovation in the semiconductor industry.

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Background Information

About ASML: ASML is an innovation leader in the global semiconductor industry. ASML provide chipmakers with hardware, software and services to mass produce patterns on silicon through lithography. Their lithography systems use ultraviolet light to create billions of tiny structures on silicon that together make up a microchip. Founded in 1984 in the Netherlands with just a handful of employees, ASML hass now grown to over 40,000 employees, 143 nationalities and more than 60 locations around the world.