U.S.-China AI feud sees ASML walk tightrope between sales and geopoli…

ASML, the Dutch chipmaking equipment supplier, faces intensifying US-China export restrictions that force it to choose between serving China's AI chip market and compliance with Western geopolitical controls. The company's ability to sell advanced lithography tools is now constrained by US pressure and Netherlands policy alignment. If you build AI chips anywhere outside the US, your tooling supply just became a political battleground between Washington and Amsterdam. ASML's margin on China business is about to shrink or vanish entirely as restrictions tighten.