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Peers and ASML Are Climbing on Less Severe US-China Chip Restrictions.

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ASML
REUTERS/Dado Ruvic/Illustration/File Photo

(VOR News) – The share prices of ASML and its competitors in the European computer chip equipment market increased significantly after an article appeared in Bloomberg News on Thursday.

It was also found that the share prices of other companies that operate within the sector increased, which was another trend that was observed within the industry.

According to what is indicated in the article, it is possible that the restrictions that the United States of America intends to place on the semiconductor industry in China would not be as severe as was initially feared.

As of 08:09 GMT, the shares of ASML had climbed by 4.3%, while the shares of BE Semiconductor and ASM International, two of ASML’s competitors in the Netherlands, had increased by 5% and 2.9%, respectively.

This meant that these two companies were among the most successful performers on the European benchmark STOXX 600 index. A company known as ASML is one that conducts business in the Netherlands.

There was a 4.3% increase in the value of ASML’s shares.

There is a corporation that operates in the Netherlands that is known by the name ASML and their operations are being carried out there.

According to a report that was published by Bloomberg, the United States of America will not include the giant Chinese memory chip manufacturer ChangXin Memory Technologies Inc (CXMT) on the list of trade restrictions that would be imposed by the United States.

This information was obtained from the article. The information that was supplied by Bloomberg allows for the acquisition of this particular piece of information. It was stated in the study that it was not practicable to identify sources who did not wish to be recognized without first obtaining their knowledge and consent.

An additional instance of interest that caught the attention of the reader was the fact that the report states that neither the time of the decision nor the particulars of the choice are known. This is yet another case of interest that drew the reader’s attention.

Following the Thanksgiving holiday break, the US Department of Commerce, which is in charge of monitoring the US export limitations to China, is expected to issue new directives. This is because the United States is responsible for enforcing these restrictions.

This is because the United States of America is responsible for monitoring the constraints. This is because the United States of America is accountable for safeguarding China’s interests. This explains why this is the case.

On the other hand, ASML has made the decision not to comment on the topic, despite the fact that it is by a substantial margin the most renowned provider of equipment for the manufacturing of semiconductors for the semiconductor industry.

During an investor day that took place two weeks ago, the firm announced that it anticipates the percentage of total revenues that includes sales of its instruments to China to decrease to twenty percent in the year 2025.

The investor day featured this ASML prediction.

The prediction was made during the day that was reserved for investors. There was a drop of approximately fifty percent at this point in time, which occurred throughout the course of the six quarters that came before this one.

When the current level, which is roughly fifty percent, is taken into consideration, this will be considered a big decline.

Applied Materials, KLA Corporation, Lam Research, and Tokyo Electron are just a few of the other leading providers of computer equipment that are based in the United States. Other firms that also fall into this category include Tokyo Electron.

The field of computer technology is home to each and every one of these businesses. There is not a single one of these businesses that does not have its headquarters in the United States of America.

SOUREC: USN

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Salman Ahmad is a seasoned freelance writer who contributes insightful articles to VORNews. With years of experience in journalism, he possesses a knack for crafting compelling narratives that resonate with readers. Salman's writing style strikes a balance between depth and accessibility, allowing him to tackle complex topics while maintaining clarity.

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