US to seek Dutch curbs on ASML’s work servicing tools for China: Reuters

News Snapshot:

The United States government plans to press the Netherlands to stop chipmaking equipment maker ASML (NASDAQ:ASML) from servicing some tools in China, Reuters reported Thursday, citing two people familiar with the matter. Washington has leaned on allies to impede the advance of China's semiconductor industry over national security concerns. On Tuesday, Bloomberg reported that the U.S. wants South Korea to further restrict the export of advanced semiconductor technology and tools used for making high-end logic and memory chips to China. According to the Reuters report, U.S. export policy chief Alan Estevez is scheduled to meet in the Netherlands next Monday...