These export license approvals could generate billions of dollars in total revenue for the companies this year and mark a dramatic reversal after the Trump administration said the issue wasn’t even up for debate.
ASML makes the world’s most advanced machines for producing chips. It stands to benefit from higher demand if its customers sell more to China.
Trade disputes and global tensions are weighing on the Dutch company’s sales. On Wednesday, ASML walked back a previous forecast for growth next year, with Dassen highlighting the threat of tariffs.
