Dutch Government Restricts ASML’s Services in China; Limited Financial Impact Expected
Key Points: Influenced by pressure from the U.S., the Dutch government has restricted ASML's ability to service advanced DUV machines in China. JPMorgan and Wells Fargo suggest that the impact on the company’s financial outlook will be minimal. Only a small portion of ASML's domestic China service revenue, which accounts for 10% of the total, is expected to be affected. Despite the restrictions, the company's financial stability is not expected to be significantly altered. The Dutch government has imposed new...