The Netherlands’ recently elected prime minister is expected to block ASML Holding NV (NASDAQ:ASML) from assisting Chinese companies with repair and maintenance services. Dutch company ASML is a top player in the semiconductor industry, and the only supplier of extreme ultraviolet lithography machines, which are required to manufacture the world’s most powerful chips. The move is expected to vastly affect China’s ability to produce advanced semiconductors and could also hurt ASML’s business, as it would deter Chinese companies from purchasing new ASML machines. ASML stock traded higher earlier…
