It claims the technology was old and "cannot be used to make the most advanced chips."
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works .
(Image credit: Getty Images/Rob Engelaar) ASML, a Dutch company renowned as the only one that can produce the latest photolithography machines for fabricating cutting-edge chip designs, is under fire for selling chip fabrication hardware to a Chinese defence firm with ties to the ruling party, as reported by Nos . Although ASML claims that the technology it sold to Chinese chip manufacturers was old and not able to "produce state-of-the-art chips," analysts have still raised concerns over its dealings with a firm developing quantum technologies, which could have implications for military technology development and deployment.
The Dutch government has long been aware of the risks posed by China's access to chip design software and manufacturing hardware. That's partly why there's been such fallout recently around Chinese involvement with Dutch chip firm, Nexperia . But Dutch firm ASML may have had far greater dealings with Chinese businesses, and it's raising more than a few red flags.
Nos claims that the business that purchased the ASML chip manufacturing component was a division of China Electronics Technology Group Corporation (CETC), a Chinese state-owned company that is a key component in the country's military industrial complex, producing key equipment for rocket systems and drones. It has also reportedly worked on the Chinese space program and fabricates chips for military use.
ASML allegedly offered to spy on China for the US
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/asml-under-fire-for-selling-duv-equipment-to-chinese-firm-with-military-ties-says-the-machines-are-not-subject-to-export-controls-fears-grow-that-old-technology-will-bolster-beijings-quantum-effort#main
- https://www.tomshardware.com
- 3D-printed part failure causes light aircraft crash after plastic air intake melts during flight — pilot escapes with minor injuries
- NVIDIA Partners With Mistral AI to Accelerate New Family of Open Models
- The Largest Digital Zoo: Biology Model Trained on NVIDIA GPUs Identifies Over a Million Species
- Samsung 32-inch 165 Hz 1440p curved gaming monitor is at its lowest price of $199 — save up to $130 on the Odyssey G55C
- Two GTX 580s in SLI are responsible for the AI we have today — Nvidia's Huang revealed that the invention of deep learning began with two flagship Fermi GPUs in
Informational only. No financial advice. Do your own research.