The United States is set to apply pressure on the Netherlands next week in an effort to restrict ASML Holding's ability to service tools for China, according to sources familiar with the matter. ASML Holding, a Dutch company, is a key player in the semiconductor industry, providing advanced lithography machines that are crucial for the production of computer chips.
The move by the U.S. comes amid growing concerns over the transfer of sensitive technology to China, particularly in the semiconductor sector. ASML's machines are considered cutting-edge and are in high demand by chip manufacturers around the world, including those in China.