China’s Rare Earth Curbs Put ASML in the Crossfire of a New Tech War
This article first appeared on GuruFocus. ASML Holding NV (NASDAQ:ASML) struck a confident tone this week after Beijing unveiled new export restrictions on rare earth materialscritical inputs for chip manufacturing that have sent tremors through the global semiconductor supply chain. Chief Financial Officer Roger Dassen said the company is well prepared, noting that ASML’s long…