Dutch semiconductor equipment maker ASML, a key player in global chip manufacturing, will participate in a trade delegation accompanying the Dutch Minister for Foreign Trade to China next month. This visit occurs despite ongoing US efforts to restrict China’s access to advanced semiconductor technology. ASML is critical as it produces lithography systems essential for manufacturing advanced chips. The company has previously faced restrictions on exporting certain equipment to China, aligning with US export controls. The inclusion of ASML in the delegation signals a continued, albeit complex, commercial relationship between the Netherlands and China in the semiconductor sector. It remains to be seen if the visit will result in any easing of restrictions or new agreements. This move highlights the tension between geopolitical pressures and economic interests.