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ASML ASML Holding NV

821.00
-19.30 (-2.30%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ASML Holding NV EU:ASML Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -19.30 -2.30% 821.00 820.40 825.00 841.30 818.20 830.50 834,780 16:40:08

Chinese Chip Maker SMIC Orders $1.2 Billion in Equipment From ASML

03/03/2021 1:13pm

Dow Jones News


ASML Holding NV (EU:ASML)
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   By Yang Jie 
 

Leading Chinese chip maker Semiconductor Manufacturing International Corp. said Wednesday that it has placed an order with ASML Holding NV for more than $1.2 billion in chip-making equipment.

SMIC also said it extended its procurement contract with the Dutch company to the end of this year.

Last year, the Trump administration in the U.S. placed restrictions on exports to SMIC, making it difficult for companies in the U.S. and some other countries to supply the Chinese company, especially with top-tier equipment.

SMIC is at the forefront of the Chinese government's campaign to establish an independent semiconductor industry.

 

Write to Yang Jie at yang.jie@wsj.com

 

(END) Dow Jones Newswires

March 03, 2021 07:58 ET (12:58 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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