The US will press allies like Japan, Netherlands, South Korea to comply more with US export controls on China for semiconductor manufacturing equipment, Nikkei Asia reports. China bought a record amount of chip equipment last year to expand domestic production and stockpile key tools, with Japan and the Netherlands winning most orders. The US plans to up its export control budget and station more officers overseas. Currently, the US handles 10,000 to 20,000 licenses per month. $Applied Materials(AMAT.US) $ASML(ASML.US) $Lam Research(LRCX.US) $Tokyo Electron(TOELY.US) $KLA(KLAC.US) $MKS(MKSI.US)
Source: Dan Nystedt
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
