China can’t mass produce modern chips yet, but it is a matter of time
The United States has been investigating China's Huawei. Huawei recently presented a modern 5G smartphone with an advanced 7nm chip. With that, Huawei seemed to be able to work around the sanctions the US have imposed to keep China from modern chip technology. According to U.S. Commerce Secretary G... Read more
Samsung builds new chip production line with money from sold ASML shares
Samsung Electronics has significantly reduced its stake in ASML. It has disposed of more than half of its shares in ASML.
South Korean Samsung Electronics sold more than half of the ASML shares it owned. That's according to the tech giant's half-year report made public in late July. Samsung had... Read more
Investigations launched into spying by Chinese ex-employee ASML
Investigations have been launched in the Netherlands, as well as in the US, into a Chinese ex-employee of ASML. The former employee is alleged to have been guilty of stealing intellectual property from the chip manufacturing giant. It is being investigated whether this person has ties to the Chines... Read more
Former Chinese employee steals sensitive data from ASML
A former Chinese employee stole sensitive company information in 2022, chip machine manufacturer ASML reported the theft in its annual report over the past year. Specifically, this includes intellectual property involving ASML's most advanced EUV technology.
In its recently published 2022 annual... Read more
ASML CEO questions export restrictions: ‘we have already sacrificed’
CEO Peter Wennink is concerned that further bans on advanced chip manufacturing machine exports to China will force ASML to sacrifice too much.
The CEO shared the statement in an interview with Dutch media. According to Wennink, the restrictions that the US is trying to push on the Dutch govern... Read more
ASML isn’t worried about export bans, says CEO Peter Wennink
Even in the unlikely event that all exports to China are prohibited, ASML expects to stay on course, CEO Peter Wennink suggested at a recent investor meeting.
ASML is one of the world's largest chip production equipment manufacturers. The company's machines allow customers to fabricate chips. T... Read more
ASML launches share buyback program, price rises by nearly 10 percent
ASML will repurchase €12 billion of its own shares between now and 2025. The share price rose 9.7 percent after the announcement.
The Dutch giant shared the news ahead of an investor meeting. In addition to the buyback program, ASML predicted revenue of €30 billion to €40 billion by 2025.... Read more
TSMC is deploying ASML’s new EUV machine
Taiwan's TSMC expects to deploy one of ASML's high-NA extreme ultraviolet lithography machines in two years' time. The machine allows the chip manufacturer to produce extremely small chips.
TSMC is one of the first chip manufacturers to receive the technology from ASML. The Taiwanese giant has ... Read more
ASML is about to change the chip industry forever
ASML is developing a new EUV machine that produces extraordinarily small chips. The Dutch manufacturer expects to complete the machine before the end of 2023.
ASML builds machines for the world's largest chip manufacturers. ASML's most advanced models work with extreme ultraviolet (EUV), a wavel... Read more
ASML’s second-quarter net profits rise by 38% as demand rallies
One of the world's biggest semiconductors suppliers, ASML, had an optimistic 2021 sales outlook released on Wednesday, where it announced a new share buyback as sales went up. Given that we are in the middle of a chip shortage, it is not surprising that ASML is confident about the future.
On ear... Read more