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ASML shares fall into reports that the US wants to limit sales to China

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Reuters

Reuters

AMSTERDAM — ASML Holding's shares, a major supplier of equipment to semiconductor manufacturers, fell on Tuesday following reports from Bloomberg News that the US government wanted to limit the sale of equipment to China.

ASML was no longer able to ship state-of-the-art tools to China, but Washington reports that it will also limit the sale of older machines.

ASML's US stocks fell 7.2% following the report.

Other chip gear makers also lost ground with Lam Research 3.6% off and Applied Materials 2.4% off.

ASML spokesman said the company was unaware of the policy changes. (Report by Toby Sterling, edited by Bernadette Baum)