​ASML Jumps On Report That New US Chip Curbs On China Will Exempt Some Allies  – Tyler Durden

ASML Jumps On Report That New US Chip Curbs On China Will Exempt Some Allies  According to a new Reuters report, the US plans to exempt semiconductor equipment makers in Japan, the Netherlands, and South Korea from the upcoming Foreign Direct Product rule targeting China’s tech complex. This rule will be introduced next month and aims to restrict the export of products utilizing American tech to about six Chinese chip manufacturing facilities. Yet another sign that US-Sino relations continue to deteriorate amid the ongoing tech/AI war between the two superpowers.  The new rule will halt the exports of semiconductor manufacturing equipment from certain foreign countries…  — Continue at ZeroHedge News : Read More