Mmastodon TechnologyTechnology first seen 18 h ago, last 3 h ago, peak #3

ASML's China sales surge despite US export curbs

Original: ASML's chip equipment sales to China surged 109 per cent in Q3 despite US export restrictions, with China now accounting

Dutch semiconductor equipment maker ASML reported a 109 per cent surge in chip equipment sales to China in the third quarter, despite US export restrictions aimed at limiting Beijing's access to advanced chipmaking technology. China now accounts for roughly 20 per cent of ASML's total sales this year, with shipments to the Chinese market more than doubling. The figures highlight how demand from Chinese chipmakers continues to outpace Western efforts to restrict the flow of semiconductor equipment.

Why now: The sharp growth shows US export controls are failing to significantly curb ASML's business with China, raising questions about the effectiveness of the restrictions.

ASMLChinaUnited States

Open on mastodon →

Evidence

• ASML's chip equipment sales to China surged 109 per cent in Q3 despite US export restrictions, with China now accounting for about 20 per cent of the Dutch company's total sales this year. The semiconductor gear maker saw shipments to the Chinese market more than double from… · china@universeodon.com · 1

API: https://socialmediatrends-api.osmike.com/v1/trends/2254711