Dutch company says U.S., allies near deal to limit chip technology to China

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Dutch company says U.S., allies near deal to limit chip technology to China
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U.S., Dutch and Japanese officials are close to an agreement to limit China’s access to technology used to make computer chips, a Dutch semiconductor supply company confirmed Sunday.

ASML ASML, -2.41% ASML, +0.16%, a leading maker of semiconductor production equipment based in Veldhoven, Netherlands, said it was possible an agreement had already been reached but that it didn’t know any details about the deal or how it would affect ASML’s business.

China has responded angrily, saying trade curbs will disrupt supply chains and the global economic recovery. ASML has research and manufacturing centers in Beijing and Shenzhen, China, as well as a regional headquarters in Hong Kong.

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