Military Space News
CHIP TECH
ASML sees business as usual despite US chip export curbs
ASML sees business as usual despite US chip export curbs
by AFP Staff Writers
The Hague (AFP) Dec 3, 2024
Dutch tech giant ASML, which supplies chip-making machines for the semiconductor industry, brushed off the announcement of fresh US export curbs to China, keeping its forecasts unchanged.

Washington on Monday unveiled a fresh set of restrictions on 140 companies including top Chinese chip firms, as the United States and its Western allies seek to prevent the technology from being used for military purposes.

National Security Advisor Jake Sullivan said the United States would work with allies to "proactively and aggressively safeguard our world-leading technologies and know-how."

If the Netherlands follows suit -- as is likely -- ASML said exports of its high-end DUV chip-making machines would also be affected but saw no impact on its bottom line.

"For 2024, we do not expect any direct material impact on our business," said the firm in a statement late Monday.

"For 2025, we expect that the impact will fall within what was communicated at the time of our Q3 2024 (third quarter) earnings," added ASML.

The firm projected total net sales for next year of between 30 to 35 billion euros ($32-$37 billion), with sales from China making up around one fifth of that.

Over the longer-term, ASML said the new curbs did not impact its predictions for the health of the industry as a whole.

"We therefore also confirm potential 2030 scenarios for annual total net sales between approximately 44 billion and 60 billion euros," said ASML.

Investors appeared cheered by the news, with ASML stock opening up 1.5 percent on Tuesday, the top gainer on the Dutch AEX market, which rose 0.4 percent overall at the start of trading.

Related Links
Computer Chip Architecture, Technology and Manufacture
Nano Technology News From SpaceMart.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CHIP TECH
Photonic processor could enable ultrafast AI computations with extreme energy efficiency
Boston MA (SPX) Dec 03, 2024
The deep neural network models that power today's most demanding machine-learning applications have grown so large and complex that they are pushing the limits of traditional electronic computing hardware. Photonic hardware, which can perform machine-learning computations with light, offers a faster and more energy-efficient alternative. However, there are some types of neural network computations that a photonic device can't perform, requiring the use of off-chip electronics or other techniques t ... read more

CHIP TECH
Russia gave N. Korea anti-air missiles in exchange for troops: Seoul security chief

Ukraine seeking new air-defence systems after latest Russian strike: Zelensky

Think fast: A missile-defense system built for speed

Poland opens long-awaited US missile base

CHIP TECH
Yemen's Huthis say they targeted Israel with missile

Putin threatens Kyiv with new hypersonic missile

Kongsberg secures NOK 12 billion contract for Dutch air defense systems

NATO vows Ukraine backing after Russian missile 'intimidation'

CHIP TECH
Russia launches massive aerial attack on Ukraine's energy sector

PLP launches drone kit for installing bird diverters on power lines

'Record' drone barrage pummels Ukraine as missile tensions seethe

Drones spotted flying near US Air Force bases in UK

CHIP TECH
Airbus to deliver advanced satellite modems to UK MoD for Skynet comms

Fleet Space Centauri 6 advances resilient SATCOM for defence

SpaceX launches secret 'Optus-X' payload atop Falcon 9 rocket

Fort Detrick Maryland chosen as permanent site for Wideband Military SATCOM training

CHIP TECH
Finland mulls reintroduction of banned anti-personnel mines

Netherlands eyes joining European weapons programmes

Cash-strapped UK to decommission aging assault ships, helicopters

UK and Moldova sign defence pact to counter 'Russian aggression'

CHIP TECH
Putin signs record Russian budget, one-third for defense

Wars, regional tensions boost arms sales: report

Rheinmetall, Lithuania pave way to building ammunition plant

Zelensky approves Ukraine 2025 budget giving 60% to defence

CHIP TECH
Russia waging 'reckless' sabotage campaign in Europe: UK spy chief

Japan PM says will have 'frank discussions' with Trump

Cyprus seeks NATO membership with US help

Swiss government rejects tightening neutrality rules

CHIP TECH
New Technique Enables Mass Production of Metal Nanowires

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2026 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.