ASML Set to Benefit from Eased U.S. Chip Export Restrictions

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ASML's Chief Financial Officer, Roger Dassen, indicated that if the United States relaxes certain export restrictions on AI chips, it could positively impact chip demand. Recently, Nvidia (NVDA) revealed plans to resume sales of its H20 chips to China after receiving export approval from the U.S. government. Likewise, AMD (AMD) made a similar announcement. If these chip manufacturers increase sales to China, ASML is poised to benefit from the heightened demand in the industry.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.