“ASML scrapped shipments to China under pressure from US”
The Netherlands has further curtailed export licenses for ASML equipment toward China. In addition, the Veldhoven-based company reportedly scrapped a number of deliveries to that country after U.S. authorities requested it do so.
Speaking to Reuters, ASML confirmed that two machines will not rea... Read more
ASML makes good on its promise: first High-NA EUV scanner heads to Intel
Departing CEO of ASML Peter Wennink promised that his company would deliver the first of its state-of-the-art EUV scanners before the end of 2023. With days to spare, Intel has become the first customer to receive one. As a result, the American chipmaker can finally dream of outcompeting its rivals... Read more
Alliance between ASML, Samsung and SK Hynix to combat reliance on China
A new alliance between ASML and South Korea's Samsung and SK Hynix is intended to fight against the existing reliance on China in the chip industry. Together they will construct a research lab for advanced chip technologies in South Korea. The cooperation was announced during South Korean President... Read more
New York gets new R&D chip complex, purchases advanced ASML machines
There will be a new research complex for advanced chips at the University of Albany in New York. New York State, along with IBM and Micron, among others, is investing $10 billion.
The new facility will be built at the Albany NanoTech Complex, The Wall Street Journal reports. New York State itsel... Read more
New ASML CEO: Frenchman Christophe Fouquet to replace Peter Wennink
ASML has appointed Christophe Fouquet as its new CEO. He will start in April 2024, when current CEO Peter Wennink's term expires. France's Christophe Fouquet has been with the Dutch manufacturer of chip-making machines for 15 years.
According to the company's Supervisory Board, Christophe Fouque... Read more
Imec wants more space in Leuven, expects strong growth until 2035
Leuven-based Belgian chip research center imec expects to add about 1,950 new employees by 2035. The workforce growth is part of an overall plan to expand the research center.
Imec expects to significantly expand its chip research initiatives in the coming years, writes De Tijd. It hopes to achi... Read more
Most critical ASML analyst predicts sales decline in 2024
Timm Schulze-Melander, Redburn Atlantic's most critical ASML analyst, predicts tough times ahead for the Dutch manufacturer of chip-making machines in 2024. According to the analyst, it is possible that sales will drop by four percent.
Redburn Atlantic analyst Timm Schulze-Melander labelled the ... Read more
ASML wants to expand significantly in Berlin: invests 100 million euros annually
ASML's German factory will receive much financial support in the coming years. The Dutch chip machine manufacturer is investing 100 million euros in the plant this year and wants to invest the same amount in several following years.
The financial investments should significantly expand ASML's pr... Read more
Export restrictions ASML criticized by European Committee on International Trade
The chairman of the European Parliament's International Trade Committee says there must be a reaction to the export restrictions imposed by America on ASML. He argues that the restrictions violate international law. That is why the president wants to see Europe sit down with America.
Since the ... Read more
The Netherlands gives NXP, ASML and Nearfield 230 million euro
The Dutch government is giving NXP, ASML and Nearfield Instruments a 230 million euro for tech and chip manufacturing research. The subsidy is part of a European Important Project of Common European Interest (Ipcei) project.
Within the government subsidy provided, NXP is receiving funding for tw... Read more