ASML stays optimistic on China as sales surge amid U.S. chip curbs

Company expects 10-15% current shipment to China hit by new export controls

20231018 ASML Q3 earnings

Dutch semiconductor ASML controls the market for DUV lithography machines, essential tools for chipmaking. © Reuters

CHENG TING-FANG,YIFAN YU and KEN MORIYASU, Nikkei staff writers

SINGAPORE/PALO ALTO, U.S./WASHINGTON -- ASML's sales to China surged in July-September as chipmakers in the country raced to buy equipment before any further export controls from the Netherlands or the U.S. went into effect.

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