In a series of articles this week, Wall Street Journal reporters from around the world go inside the escalating global chip battle. It is also smack in the middle of the chip battle between the U.S. and China. During his time at the company Fouquet has appeared to be more at home tackling technical challenges than dealing with political matters, the people added. Restrictions could also give China more of an incentive to develop its own high-end technology, Fouquet said. ASML owns a 24.9% stake in the German business, whose technology was crucial in developing its most advanced machines.

Source: Wall Street Journal June 06, 2024 06:27 UTC