American restrictions on chip equipment to China will be more lenient than expected. This news positively impacts Dutch chip manufacturers like ASML, ASMI, and BE Semiconductor.
It seems ASML has made a recovery in the stock market despite an earlier setback, and its long-term sales outlook could reach 60 billion euros by 2030.
Notably, CXMT has avoided being placed on the U.S. sanctions list, yet overall, President Biden's administration is expected to announce tougher restrictions soon.
ASML acknowledges that despite China remaining a significant market, its reliance on it will decrease drastically, anticipated to fall to 20% of total sales by 2025.
Collection
[
|
...
]