U.S. said to urge allies to put more curbs on China’s access to chip technology

News Snapshot:

The U.S. government has asked the Netherlands, Germany, South Korea and Japan to further curb restrictions on China's access to semiconductor technology, Bloomberg News reported on Wednesday. The Biden administration's latest move has been met with some resistance from its allies, Bloomberg said, citing people familiar with the matter. The U.S. government wants Japanese companies to limit exports to China of specialized chemicals essential for chipmaking, the report said. The U.S. has also urged the Netherlands to stop semiconductor equipment maker ASML (ASML) from servicing and repairing chipmaking equipment that Chinese clients purchased before limits on sales of those devices...