Critical chip firm ASML says former China employee misappropriated data


Source: cnbc.com cnbc.com

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Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. ASML , one of the world's most critical semiconductor firms, said Wednesday that it recently discovered that a former employee in China had misappropriated data related to its proprietary technology. The Dutch firm said that it does not believe the alleged misappropriation is material to its business. "We have experienced unauthorized misappropriation of data relating to proprietary technology by a...