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Dutch Election Shock Triggers Warning From Chip Giant ASML. Why It Matters.

by News
November 24, 2023
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ASML leads in the area of extreme ultraviolet lithography machines, the most advanced equipment necessary for making semiconductors. (EMMANUEL DUNAND/AFP via Getty Images)

Chip-equipment maker ASML has warned an electoral victory by a far-right party in the Netherlands could pose an unexpected risk.

It’s all about staffing and whether curbs on immigration could impact hiring of key skilled workers at Europe’s most valuable technology firm.

Dutch company
ASML
(ticker: ASML) is a crucial player in the global chip supply chain due to its dominant position in supplying the ‘lithography’ machines that are essential for manufacturing semiconductors. Its customers include 
Taiwan Semiconductor
Manufacturing (TSM), 
Samsung Electronics
 (005930.Korea), and
 
…

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