The Dutch government believed chipmaker Nexperia’s Chinese owners planned to move its manufacturing operations to China, prompting the unprecedented seizure of the company that has sent shock waves through the global tech world. Earlier this month, authorities seized control of Nexperia’s management and ousted its Chinese CEO, Zhang Xuezheng, citing national security concerns. In response,…
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…
US stocks rose on Wednesday amid hopes for interest-rate cuts, with more Wall Street banks posting strong results in a promising start to earnings season. The Dow Jones Industrial Average (^DJI) moved up roughly 0.4%, following a rocky session on Tuesday for markets. Meanwhile, the S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) added…
US stock futures rose on Wednesday amid hopes for interest-rate cuts, with more Wall Street banks set to lead out the next wave of reports in a promising start to earnings season. Dow Jones Industrial Average futures (YM=F) moved up roughly 0.4%, following a rocky session on Tuesday for markets. Meanwhile, contracts on the S&P…
In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its Dutch subsidiary Nexperia has been effectively frozen, following an intervention by a government ministry and court in the Netherlands. In a corporate filing dated October 13, lodged with the Shanghai Stock Exchange on Sunday, Wingtech…
A bipartisan group of American lawmakers is pushing for a “dramatic” expansion of export controls on chip manufacturing equipment to China and alignment from US allies in restrictions, according to a report released on Tuesday. Their efforts come amid concern that US President Donald Trump is compromising national security in pursuit of a trade deal…
Premium Updated Oct 3, 2025, 08:53 PM IST The news, reportedly circulating on social media, suggested that SMEE’s EUV machine was on display at a major trade show in Shanghai. Shares of Shanghai Zhangjiang Hi-Tech Park Development, a stakeholder in SMEE, surged by the daily 10 per cent limit for two consecutive days. How rumors…
EU officials are scouring the continent for levers they can pull to inflict maximum pain on others, as they look to survive in a world in which allies and partners are weaponising Europe’s own dependencies at an alarming rate. Trade bureaucrats are building a database of potential chokepoints that can be squeezed as deterrents or…
As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set the tone for the country’s development over more than seven decades – we examine how these documents inform and reflect high-level policy priorities, what to expect in the coming iteration and how fine-tuning supply chains…
ASML (ASML) closed at $796.25 in the latest trading session, marking a +1.86% move from the prior day. The stock’s change was more than the S&P 500’s daily gain of 0.21%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq increased by 0.45%. Coming into today, shares of the…