US targets Chinese chipmaking with proposed export restrictions on ASML and others - Reuters

The Trump administration is proposing new export restrictions on advanced chipmaking equipment, including technology from Dutch manufacturer ASML, to restrict China's semiconductor capabilities. The move targets equipment used to produce cutting-edge chips, an area where Beijing has been aggressively pursuing self-sufficiency amid existing US sanctions. This represents an escalation of technology competition between Washington and Beijing, as the US seeks to maintain its advantage in semiconductor manufacturing. The restrictions would likely require cooperation from allied nations, particularly the Netherlands and Japan, which also export critical chipmaking tools. The proposal reflects the administration's broader strategy to constrain China's technological development in industries deemed essential to national security.