ASML Holding NV Chief Executive Officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the Dutch producer of chipmaking machines.

ASML CEO Christophe Fouquet expects more pressure from the United States to further restrict the sale of advanced chip technology to China. ASML is already not allowed to sell its latest chip machines in China,

The CEO of leading computer chip equipment maker ASML said on Tuesday he expects the United States government will continue to push for further restrictions on its exports to China. Christophe Fouquet said he believes that governments in the Netherlands and Europe are starting to question whether restrictions on older tech the company still ships to China are part of security or trade policy,

Christophe Fouquet's remarks come a week after ASML shook markets with a warning it will see lower growth in 2025 because apart from chips related to AI, electronics markets are weak. ASML's biggest customer is TSMC of Taiwan,