ASML, China customers haunted by uncertainty on new Dutch chip export rules

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ASML, China customers haunted by uncertainty on new Dutch chip export rules
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The Dutch government has not yet defined crucial aspects of new restrictions on chip-technology exports to China including whether ASML Holding NV can service chip-printing machines the company has already sold in the country.

The machines -- which cost tens of millions of euros apiece and perform an essential step in creating the circuitry of chips -- require unique parts and constant maintenance to remain in working order.

ASML itself has for now repeated its guidance for 2023 of flat sales in China of around 2.2 billion euros. That compares with 25% revenue growth overall, illustrating the likely impact of the restrictions.

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