Overview

• ASML's former CEO Peter Wennink believes the US-China chip conflict is based on ideology rather than facts.
• Wennink predicts the semiconductor trade dispute could last for decades, complicating business for companies like ASML.
• ASML has been significantly affected by US export restrictions, limiting its ability to sell and service advanced chipmaking equipment in China.
• Current ASML CEO Christophe Fouquet highlights the importance of China's mature chip production despite the technological gap with the US.
• Fouquet asserts that global demand for legacy chips remains high, stressing the need for balanced international trade policies.