$ASML Holding (ASML.US)$ Economic news: The USA announces a ...

$ASML Holding (ASML.US)$ Finance|The United States announces a new round of semiconductor export restrictions to China involving 140 companies. China: a typical economic coercion.

The US government has announced a new round of semiconductor export control measures to China, with 140 Chinese chip-related companies being added to the Entity List, which will take effect on December 31. The sanctioned targets include Chinese companies such as Naura Technology Group, Tsinghua Unigroup, chip supplier to Huawei, SMIC (Qingdao), and NewMax, among others.

The new measures include restrictions on exporting high-frequency memory HBM chips essential for high-tech applications such as ai training to China, as well as restrictions on exporting 24 types of semiconductor production equipment and 3 types of software tools; imposing new export restrictions on chip equipment manufactured in countries such as Singapore and Malaysia, but the industry in Japan and the Netherlands will enjoy a certain degree of exemption.

The USA Department of Commerce also requires companies to ensure that controlled products are not transferred to entities on the entity list. Commerce Secretary Raimondo stated that the measures are aimed at preventing China from developing domestic semiconductor manufacturing systems to support its military modernization.

China's Ministry of Commerce stated that the USA's new measures further tighten export controls on semiconductor manufacturing equipment, memory chips, and other items to China, adding 136 Chinese entities to the export control entity list, expanding extraterritorial jurisdiction, interfering in China's trade with third countries, typical economic coercion and non-market practices. China firmly opposes this and will take necessary measures to resolutely safeguard its legitimate rights and interests.