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Chip Stocks Weaken Pre-Market as US Lawmakers Plan Tighter Curbs on Chip Equipment Exports to China
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Dutch chip equipment giant ASML (ASML.US) and chipmakers including Micron (MU.US) fell on Tuesday after US lawmakers proposed further measures last week aimed at restricting Chinas access to additional chip manufacturing equipment. ASMLs shares listed in the Netherlands dropped 4%, while its US shares fell 1% in pre-market trading. Micron declined 2% pre-market, and AMD (AMD.US) also slipped 2%. Last Thursday, a group of US lawmakers introduced a bill intended to cut off Chinas access to chip manufacturing equipment and target the countrys most critical semiconductor companies. (me/t) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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