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ASML CEO says US pressure for export restrictions will continue

By Thomson Reuters Oct 22, 2024 | 3:40 AM

LONDON (Reuters) – The CEO of leading computer chip equipment maker ASML said on Tuesday he expects the United States government will continue to push for further restrictions on its exports to China.

Christophe Fouquet said he believes that governments in the Netherlands and Europe are starting to question whether restrictions on older tech the company still ships to China are part of security or trade policy, and whether they work.

Fouquet was speaking in an interview at a Bloomberg technology conference in London.

(Reporting by Toby Sterling; Editing by Emelia Sithole-Matarise)