On Friday, the Dutch government announced an expansion of export licensing requirements for certain ASML tools, effectively regaining control from the United States and harmonizing the export policies of both nations.

Previously, the United States had imposed unilateral regulations on these tools as part of its strategy to limit access to advanced technology for Chinese chip manufacturers, aiming to hinder Beijing's technological and military progress.

ASML indicated in a statement that it does not anticipate any impact on its earnings this year or in the future due to this change in oversight.

"This decision is made with our safety in mind," stated Dutch Trade Minister Reinette Klever during the announcement.

"We recognize that advancements in technology have increased safety risks associated with the export of these specific production machines."

While discussions between the U.S. and the Netherlands regarding export policy continue, the decision made on Friday is a pragmatic step that may ease some of the tensions between the two governments.

The tools affected include ASML's 1970i and 1980i DUV immersion lithography machines, which are positioned in the middle of the company's product lineup.

Under U.S. pressure, the Dutch government has consistently prohibited ASML from exporting its most advanced EUV tools to Chinese clients, and in September 2023, it began requiring licenses for the NXT:2000 series and superior DUV tools.

ASML has cautioned its Chinese customers not to anticipate the delivery of these tools starting in 2024.

However, in October 2023, the U.S. independently initiated restrictions on ASML's shipment of the 1970i and 1980i tools, citing the presence of U.S. components.

Members of the Dutch parliament have raised concerns regarding the implications for the Netherlands' sovereignty, while ASML, a Dutch enterprise, has faced challenges in navigating the differing licensing requirements imposed by both the U.S. and the Netherlands.