Latest news with #chip-equipment
Bloomberg
6 days ago
- Business
- Bloomberg
US Chip-Gear Maker Sued in China Over Alleged Trade Secret Theft
Top US chip-equipment supplier Applied Materials Inc. was sued by a rival in China over what that company characterized as trade secret theft, a further escalation in the technology war between the world's two largest economies. Beijing E-Town Semiconductor Technology Co. filed a lawsuit with the Beijing Intellectual Property Court against Applied Materials, according to a company statement to the Shanghai Stock Exchange.
Wall Street Journal
16-07-2025
- Business
- Wall Street Journal
ASML Stock Slides After Tariffs Cloud Growth Outlook
Shares in ASML fell after the Dutch chip-equipment company said it could no longer guarantee growth in 2026, amid increasing uncertainty from President Trump's tariffs. ASML's complex machines are critical to making advanced semiconductors—and have been dubbed the most indispensable machines in the world. Go deeper on Wednesday's results:
