Targeting Chinese chips, U.S. to push Dutch on ASML service contracts

News Snapshot:

President Joe Biden’s administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people familiar with the matter said, as the U.S. leans on allies in its bid to hobble Beijing’s tech sector. Alan Estevez, the U.S. export policy chief, is scheduled to meet in the Netherlands next Monday with officials from the Dutch government and ASML Holding NV to discuss the servicing contracts, the people said. Washington may also be seeking to add to a list of Chinese chipmaking factories restricted from receiving Dutch equipment as...