ASML (ASML NA) CFO says policymakers should consider chip shortages when deciding on export restrictions; says chips not made in one place will need to be made in another
The CFO of ASML is highlighting the potential impact of export restrictions on chip shortages, suggesting a need for policymakers to consider the broader implications of their decisions.
China will improve efficiency of energy and resource output, Xinhua reports; is issuing guidelines on carbon reduction
EU Commission proposes actions to protect Europeans from the fossil energy crisis and accelerate the shift to clean, homegrown energy
ASML (ASML NA) CFO says policymakers should consider chip shortages when deciding on export restrictions; says chips not made in one place will need to be made in another
Sources around the Banking panel say it’s unlikely the committee would expand its [Fed Chair Powell] probe as long as a separate, criminal inquiry by DOJ is ongoing, Punchbowl reports
Six current and former US national security officials, as well as one tech lobbyist, told POLITICO "at least some tech companies would balk at continuing to turn over their customers’ data"
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This reflects an escalating concern around semiconductor supply chains and could signal increased volatility in tech equities, particularly those reliant on these materials. Watch for potential ramifications in stock performance and the political landscape as stakeholders navigate these challenges.
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