The Netherlands and the United States will discuss a deal on ASML chips for China on Friday

Photo: ANP

Dutch and US officials meet in Washington on Friday to discuss possible new controls on the export of semiconductor manufacturing equipment to China. Reuters reported that this is based on anonymous sources, who also said that a deal between the two countries may be announced on Friday.

Washington wants fewer semiconductor-making chips and equipment destined for China. For example, the United States wants to prevent China from making smarter weapons with the latest technology. But it did not persuade its main allies, especially the Netherlands and Japan, to impose such restrictions. The Netherlands is the home of ASML, which, as a leading manufacturer of chip machines, is essential to making semiconductors.

So far, ASML has only satisfied Americans’ desires by not supplying EUV chip machines to China, which are the newest and most advanced machines for making the latest chips. CEO Peter Wenink recently noted that ASML is not facing serious consequences with significant investments elsewhere.

But the US also wants old DUVs not to be allowed to go to China. This will have dire consequences for ASML, which still generates a large portion of its sales from the Asian country. So far, the Dutch government does not want to go along with Washington’s plans, but a compromise is being reached – perhaps as early as Friday in Washington.

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