(Bloomberg) -- Samsung Electronics Co. sold its entire remaining stake in ASML Holding NV in the December quarter as part of its push to expand into new areas of chipmaking. Most Read from BloombergNvidia Surges After AI Boom Shows No Signs of Letting UpTech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Your 401(k) Will Be Gone Within a DecadeChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseThe world’s large
Fears that ASML's computer chip equipment will be used for Chinese military ends underlie recent decisions to deny the company export licences, the Dutch trade minister said in answers to questions from parliament. Netherlands-based ASML, Europe's largest tech firm, dominates the world market for lithography systems, needed by computer chip makers to help create circuitry. "China focuses on foreign expertise, including Dutch expertise in the field of lithography, to promote self-sufficiency in its military-technical development," Trade Minister Geoffrey van Leeuwen wrote in a Feb. 5 note, seen by Reuters.
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. DateTotal repurchased sharesWeighted average priceTotal repurchased value12-Feb-24 10,046 €873.03 8,770,457 13-Feb-24 17,628 €842.35 14,849,010 14-Feb-24 9,759 €852.23 8,316,960 15-Feb-24 9,197 €860.69 7,915,733 16-Feb-24 7,654 €868.96 6,651,055 ASML’s current share buyback program was ann