Europe pushes back on Washington's chip-war bill

TechCrunch reported that Dutch Trade Minister Sjoerd Sjoerdsma visited Washington to meet Commerce Secretary Howard Lutnick and members of Congress about the MATCH Act. The bill would bar Chinese chipmakers from accessing Western semiconductor equipment and would extend restrictions to ASML's older deep ultraviolet immersion machines, not only the advanced EUV tools already blocked from China. ASML is Europe's most valuable company and a central supplier for advanced AI-chip manufacturing. China accounts for 19% of ASML's net system sales, so the dispute is about both AI supply-chain security and European economic exposure to U.S. export-control policy.

Key details: Published June 24, 2026 at 17:08 PDT, The MATCH Act would restrict Chinese access to Western semiconductor equipment, China accounts for 19% of ASML's net system sales, ASML is the only maker of the most advanced EUV lithography machines.

Why it matters: AI-chip policy is becoming a trade conflict with allies too; ASML's exposure shows how U.S. controls can reshape Europe's semiconductor economics.