ASML CEO Christophe Fouquet publicly backed Nvidia CEO Jensen Huang’s strategy of maintaining a technological generation gap for global sales. Fouquet confirmed ASML exports tools to China first launched in 2015 to comply with current export controls. These shipments maintain a two- to three-generation gap behind the company's latest technology.
Fouquet denied rumors of reverse-engineering and stated no Extreme Ultraviolet (EUV) lithography machines have reached China. The company tracks all its tools to ensure compliance with existing international restrictions. No personnel in China receive training on EUV technology.
ASML shares rose following the comments amid a broader rally in the semiconductor sector.