ASML does not expect US export curbs to hit long-term chip sector demand

AMSTERDAM (Reuters) - Computer chip equipment maker ASML (AS:ASML ) does not expect new U.S. export restrictions to hit demand in the semiconductor industry in the long term, it said on Monday.

The United States on Monday launched its third crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves.



ASML said it was assessing the potential implications of the additional restrictions.

"Long term, our scenarios for demand in the semiconductor industry are not expected to be impacted by the new regulations, as these scenarios are based on the global demand for wafers rather than on any specific geographic split," the Dutch company said.

Source: Investing.com