tech
Europe is pushing back on Washington's chip war
As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put off limits.

TL;DR
- Dutch Trade Minister Sjoerd Sjoerdsma visited Washington to oppose the MATCH Act.
- The MATCH Act would bar Chinese chipmakers from accessing Western semiconductor equipment.
- ASML, a Dutch company, is the world's only maker of advanced lithography machines for AI chips.
- China accounts for 19% of ASML's net system sales.
- The bill would extend curbs to ASML's deep ultraviolet immersion machines, impacting older generation tools.
- The legislation has not yet passed Congress and may need to be part of a larger package to proceed.