ASML CFO Calls DUV Sales Restriction Proposal a Bad Idea

ASML CFO Roger Dassen called a U.S. proposal to restrict the company’s sales of deep ultraviolet (DUV) lithography equipment to China a bad idea, saying passage after the midterm elections would accelerate Chinese development of competing technology. Dassen made the comments during a call with reporters after ASML released its third-quarter results. He also said he was optimistic that “common sense” would prevail. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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