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Peter Wennink, the CEO of ASML, has voiced his criticism against the United States' chip export ban policy, arguing that it is not only counterproductive but also undermines the prospects of establishing chip factories in the US. This ban, Wennink contends, exacerbates economic challenges and market volatility. He underscores that the US should prioritize innovation over the suppression of competitors, as stringent policies have the potential to disrupt the global semiconductor supply chain and hinder the advancement of new technologies. Wennink further notes that China has embarked on independent research and development of lithographic equipment, and that restrictive measures will only serve as a catalyst, motivating the targeted parties to intensify their efforts to achieve their objectives.
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