Chip

Dutch Foreign Trade Minister Sjoerd Sjoerdsma has rejected a proposed US bill, the Match Act, which threatens to force the Netherlands into cutting off ASML's chip technology exports and maintenance services to China. Following talks in Washington, Sjoerdsma asserted that export controls must rely on voluntary cooperation rather than American coercion, warning that unilateral mandates threaten Dutch economic sovereignty. While the US pushes for sweeping bans, the Netherlands maintains its stance on reviewing semiconductor sales through targeted, case-by-case assessments to protect global supply chains.

Dutch scale-up QuantWare has secured €152 million to build a major quantum processor factory in Delft. Backed by Intel and Invest-NL, the move will increase production twentyfold and solidify the Netherlands' status as a global technology hub.

It’s fascinating to see a European firm like Axelera AI gaining such significant backing to challenge the dominance of giants like Nvidia.