US-China chip fight looks set to continue

Worker miniatures are placed among the flag of China and printed circuit boards with semiconductor chips, in this illustration picture taken July 5, 2023.

AMSTERDAM: The recently retired CEO of semiconductor equipment maker ASML says that US-China disputes over computer chips are ideological and not based on facts, and they are set to continue.

Peter Wennink left in April after a ten-year term at the helm of ASML that saw it become Europe’s largest technology firm. Since 2018, the United States has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns.