US is expected to further restrict export of Dutch chip making equipment to China

<p><a href="https://www.reuters.com/technology/us-dutch-set-hit-chinas-chipmakers-with-one-two-punch-2023-06-29/" target="_blank" rel="nofollow">Reuters </a>have the report, citing unnamed sources:</p><ul><li>The United States and the Netherlands are set to further restrict sales of chipmaking equipment to China, to prevent the technology from being used to strengthen China's military</li><li>
While the Dutch are planning to curb certain equipment from national champion ASML, and other companies, the U.S. is expected to go one step further and use its long reach to withhold even more Dutch equipment from specific Chinese fabs.</li></ul><p>More at that Reuters link, above. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.

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