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ASML CFO Calls DUV Sales Restriction Proposal a Bad Idea

Roger Dassen said passage of the Match Act proposal after the U.S. midterm elections would accelerate China’s development of competing technology.

A lithography machine stands behind glass in a semiconductor plant / TokenPost.ai
A lithography machine stands behind glass in a semiconductor plant / TokenPost.ai

ASML CFO Roger Dassen called a U.S. proposal to restrict the company’s sales of deep ultraviolet (DUV) lithography equipment to China a bad idea, saying passage after the midterm elections would accelerate Chinese development of competing technology.

Dassen made the comments during a call with reporters after ASML released its third-quarter results. He also said he was optimistic that “common sense” would prevail.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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