ASML jumps on hopes it will be spared in next round of US-China chip fight

AMSTERDAM: Shares in ASML, the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that signalled it may be spared many of the new U.S. restrictions being considered on exports to China.

The report said the U.S. would exclude allies including the Netherlands, where ASML is based, from new restrictions on equipment sales to half a dozen Chinese chipmaking plants.

ASML shares were up 5.6% at 855.20 at 0955 GMT.