The US says ASML’s top chip tool may be in China. ASML says it isn’t

# US and Dutch Chipmaker ASML Clash Over Missing Equipment in China The U.S. government suspects ASML, a Dutch company that sells advanced chip-making machinery, illegally sent one of its most powerful tools to China despite export restrictions. ASML denies this happened, arguing it would be economically foolish to risk losing its export license by breaking the rules. The dispute highlights growing tensions over controlling access to cutting-edge technology that could give China an advantage in artificial intelligence and other critical areas.