ASML Shares Climb on Report U.S. Export Curbs to China Could Be Less Strict Than Feared -- Market Talk

Dow Jones

2024/11/28

0954 GMT - Shares of Dutch semiconductor-equipment maker are on the rise Thursday after Bloomberg reported that the U.S. could impose less-strict-than-expected tech export curbs to China, citing sources. According to the report, the Biden administration could unveil restrictions that might hit fewer Huawei suppliers than previously expected as soon as next week. ASML shares jumped more than 4% in Amsterdam. Shares of smaller rival ASM International rose more than 3%, while shares of chip-making equipment supplier Tokyo Electron closed 6.7% higher in Japan. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

November 28, 2024 04:54 ET (09:54 GMT)

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