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.

The Dutch firm has a monopoly on making the lithography machines that help the world’s largest semiconductor foundries produce advanced chips.

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,

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