ASML Export Restrictions -- How Is There a 7nm Chip Inside the Huawei Phone?

By Jose Najarro – Sep 16, 2023 at 8:00AM

NASDAQ: ASML

ASML

Market Cap

$362B

Today's Change

(2.04%) $18.36

Current Price

$918.97

Price as of April 26, 2024, 4:00 p.m. ET

ASML has numerous export restrictions to send its lithography machines to China, yet a 7-nanometer chip has shocked the industry.

In today's video, I discuss ASML Holdings (ASML 2.04%) and look at the process of making 7-nanometer chips using DUV machines instead of EUV machines. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Sept. 15, 2023. The video was published on Sept. 15, 2023.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.