In detail
- The MATCH Act would ban not only ASML's advanced EUV machines but also older deep-ultraviolet immersion tools (roughly 10 years old) from reaching China.
- China currently accounts for 19% of ASML's net system sales; ASML CEO Christophe Fouquet confirmed China is currently limited to older generations.
- The bill introduced in April has not yet faced a full House or Senate vote; experts expect it would need to be folded into a larger legislative package.
Why it matters
This signals escalating geopolitical tensions over semiconductor technology that directly affect European tech firms – particularly German equipment makers and chip customers dependent on stable international supply chains.
For you Track the MATCH Act's progress and its potential impact on European supply chains and trade relations with China.