ASML-Backed University Finds Itself Caught In The Middle Of US-China Chips War
Portfolio Pulse from Benzinga Neuro
The Eindhoven University of Technology, a key talent source for ASML Holding NV, is under scrutiny from the U.S. due to its large number of Chinese students amid the U.S.-China chip war. The Dutch government is pressured to curb China's semiconductor capabilities. ASML's investment in the university is threatened, and the company faces espionage concerns and U.S. demands to restrict services to Chinese clients.
July 16, 2024 | 1:13 pm
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ASML Holding NV is facing increased scrutiny and operational challenges due to its ties with the Eindhoven University of Technology and the U.S.-China chip war. The company's investments in the university and its ability to service Chinese clients are under threat.
ASML's significant investment in the Eindhoven University of Technology is threatened by U.S. scrutiny over Chinese students. Additionally, the company faces espionage concerns and U.S. demands to restrict services to Chinese clients, which could impact its operations and stock price negatively in the short term.
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