Netherlands expands export curbs on chip tools with more ASML equipment impacted

The Dutch government on Friday announced it is expanding export restrictions on advanced semiconductor manufacturing equipment, bringing more of ASML's machines under curbs.

More types of chipmaking tools are now subject to requirements that mean companies will have to apply for a license from the Dutch government to export their gear out of the country.

"I've made this decision for reasons of security. We see that technological advances have given rise to increased security risks associated with the export of this specific manufacturing equipment, especially in the current geopolitical context," Reinette Klever, minister of foreign trade and development for the Netherlands, said in a statement.

The expanded restrictions come after the Dutch government last year introduced its first major export restrictions on advanced semiconductor equipment exports.

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