In context: As tensions rise over semiconductor dominance, intellectual property tied to chip manufacturing has become a prime target for espionage. Companies like ASML and NXP sit at the center of this strategic tech battleground, making any breach not just a corporate concern but a geopolitical one. A recent case in the Netherlands highlights just how far some actors are willing to go to access this sensitive technology.
Why it matters: ASML is the largest manufacturer of photolithography machines, designed for etching intricate circuits onto silicon wafers to create advanced computer chips. It stands as the most highly valued European tech company, boasting a market capitalization of nearly $400 billion. Additionally, ASML represents one of the major business ventures in the Netherlands' economy.
Why it matters: After USA-based manufacturers, Dutch and Japanese companies are now preparing a harsher ban on technology exports to China. The Asian country won't have access to any of the machinery needed to make high-performance microchips.