Europe Pushes Back Against US Chip Export Restrictions

European governments and semiconductor firms are mounting resistance to Washington's expanding chip war, with the proposed US MATCH Act threatening to ban exports of older deep ultraviolet lithography tools that China is still legally permitted to buy. ASML, the Dutch firm that holds a global monopoly on the most advanced chip-making equipment, would be among the hardest hit — its CEO has noted the tools at risk are decade-old DUV machines, not cutting-edge extreme ultraviolet gear. The standoff puts the EU in an increasingly uncomfortable position between its US alliance commitments and its own industrial interests.