ASML CEO Peter Wennink expects a political decision on semiconductor technology exports to China that the U.S. deems sensitive “sooner rather than later” due to “time pressure,” he said in a media Q&A ahead of ASML’s 4th quarter earnings call. 1/3 $ASML #China #semiconductor
2/3 In a statement, he said “The facts are that nothing really changed since the October regulations that came out of the United States. Which actually means that we will not ship EUV to China for instance. But we can still ship DUV and metrology and inspection tools.” $ASML
3/4 During the media talk, Wennink said there are many details that need to be ironed out, and that further speculation is not helpful as everyone awaits the politicians to “come to a reasonable solution.”
4/5 He added that China will "absolutely" try to develop the technology it needs on their own if they cannot get them from the market, but it will be "a massive challenge" as although lithography is essentially blowing light through a lens, it's done in a very complex way. $ASML
5/5 And it takes a couple hundred suppliers, who are all world class in what they do, for ASML to bring together their components into the EUV and other lithography machines it makes, he said, adding ASML will work hard to stay ahead of all challengers. $ASML #semiconductor
Video replay and statement can be found here: asml.com/en/investors/f…
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