世界上没有免费的午餐，即使有，也是早已被定价的。在大家都关注中日之间是否会升级的局势时，没想到美国媒体却爆出了一个令人震惊的消息。据爆 料，全球最先进的光刻机公司阿斯麦不仅在中国从事间谍活动，甚至还主动要求成为美国在中国的耳目。阿斯麦这家公司，是否已经彻底暴露了自己的真实 面目？尽管阿斯麦的高层立刻否认这些指控，表示一切都是虚假的，但在阿斯麦行动背后，半导体领域最近却频频传出各种风声。 阿斯麦主动请缨做美国在华耳目？原本大家都以为，阿斯麦只是在美国的压力下配合限制中国，或者说是被迫的。没想到现在爆出的消息竟然是，阿斯麦不 仅是美国的耳目，甚至还主动要求为美国效力。这让人不禁想，阿斯麦是不是要因此而遭殃了？ 最近，根据媒体报道，尽管阿斯麦的业务发展顺利，公司的形象看起来很平静，但一本新书打破了这种平静。这本书是由彭博社的两位记者联合编写的，书 名叫《世界上最重要的机器》。在书中，有一段特别有争议的内容。在采访阿斯麦相关人员和美国人士时，作者记录到，阿斯麦不仅充当了美国在中国的耳 目，而且更为严重的是，它居然是主动请缨的。这一消息的曝光，完全打破了大多数人对阿斯麦的印象。过去我们看到的报道都是美国施压，逼迫阿斯麦 ...

Group 1 - Institutional backing is crucial for stock performance, with large purchases by big money managers positively impacting share prices [1] - The IBD Screen Of The Day identified 29 stocks that mutual funds are currently buying, highlighting ASML Holding and Valaris as notable mentions [1] - Valaris received a Relative Strength Rating upgrade, indicating improved technical performance [2][4] Group 2 - Valaris stock rating has increased following a surge in earnings and share price [4] - ASML stock is nearing highs due to strong orders and a positive outlook for 2026 [4] - Taiwan Semiconductor Manufacturing Company (TSMC) is leading the chipmaking sector, contributing to a list of hot tech stocks [4]

Summary of Global Semiconductor Capital Equipment Conference Call Industry Overview - The conference call focused on the **Global Semiconductor Capital Equipment** industry, particularly the **DRAM** and **foundry** sectors, with insights into **China's** capital expenditure (CapEx) trends and forecasts for wafer fab equipment (WFE) spending. Key Points and Arguments 1. **WFE Forecast Adjustments** - The WFE forecast for **2025** has been raised to **$119 billion** (+10% YoY) from **$114 billion** (+6% YoY) - The forecast for **2026** is now **$132 billion** (+10% YoY) from **$120 billion** (+5% YoY) - For **2027**, the forecast is adjusted to **$131 billion** (flat YoY) from **$115 billion** (-3%) - The upward revisions are primarily due to improved outlooks for **Global DRAM** and **China CapEx** [2][21][43] 2. **China WFE Demand** - China WFE demand has been significantly revised up by **$5.2 billion** in **2025**, **$7.0 billion** in **2026**, and **$8.4 billion** in **2027** - The increase is driven by higher demand for local AI chips and the need for more DRAM capacity to support future local HBM manufacturing - The anticipated IPO of **CXMT** is expected to provide additional cash for capacity expansion [4][43] 3. **Global DRAM and Foundry CapEx** - Global DRAM WFE is raised by **$4.2 billion** to grow **25% YoY** in **2026** (previously +13%) and another **10%** in **2027** - Foundry/logic WFE is slightly increased by **$0.8 billion** to **8% YoY** in **2026** and another **$1.4 billion** to **6% YoY** in **2027** - The increases reflect a more optimistic capex outlook from **TSMC** [3][21] 4. **Company Ratings and Price Targets** - **AMAT** (Applied Materials) and **LRCX** (Lam Research) are rated **Outperform** with price targets raised to **$260** and **$175**, respectively - Both companies are expected to benefit from key leading-edge inflections, with AMAT having more exposure to a stronger DRAM trajectory [5][17][47] 5. **Regional Insights** - In **Japan**, **Tokyo Electron** and **Kokusai** are preferred due to stronger memory capex - In **Europe**, **ASML** is viewed positively due to better advanced logic capex, although caution remains due to litho intensity and China market concerns [6][12][13][61] 6. **Chinese Semiconductor Companies** - **AMEC**, **NAURA**, and **Piotech** maintain an **Outperform** rating, with expectations of accelerated capacity expansion driven by domestic memory and advanced logic [7][62] Other Important Insights - The semiconductor industry is experiencing a shift towards **3D architectures**, which may impact future EUV adoption rates - There is a cautious outlook for **China's** WFE revenue in **2026**, with expectations of a significant decline despite strong performance in **2025** - The overall sentiment indicates a potential for short-term upside in China WFE, which could support margins due to its margin-accretive nature [13][46][63] This summary encapsulates the key insights and forecasts discussed during the conference call, highlighting the evolving landscape of the semiconductor capital equipment industry.

Core Viewpoint - The publication of the book "The Most Important Machine" has sparked significant controversy surrounding ASML, a leading company in the global semiconductor lithography machine sector, due to allegations of its involvement in geopolitical tensions and proposals to monitor Chinese clients for the U.S. government [1][2]. Group 1: Book Content and Impact - The book is described as a political thriller about ASML, highlighting its critical role in international power struggles, particularly between the U.S. and China [2]. - The authors claim to have disclosed previously confidential information, using exclusive sources, including participants in U.S.-China negotiations regarding ASML [4]. - The book emphasizes ASML's lithography technology's importance for AI, autonomous driving, and next-generation weapons, suggesting that ASML holds significant influence over future global dynamics [5]. Group 2: Allegations and Responses - The book alleges that ASML broke agreements to limit sales of DUV lithography machines to China, leading to dissatisfaction from Dutch and U.S. officials [5]. - It is reported that the former CEO of ASML, Peter Wennink, suggested that the company should continue servicing Chinese clients and even proposed that ASML engineers gather internal development intelligence from Chinese companies [5][6]. - A senior U.S. government official is quoted as saying that ASML could act as an informant for Washington regarding China, although this proposal was rejected by U.S. National Security Advisor Jake Sullivan [6]. Group 3: ASML's Official Stance - ASML has publicly rejected the claims made in the book, stating that the allegations are factually incorrect and damaging to the company's reputation [1]. - The company has reiterated its compliance with all applicable laws and regulations, emphasizing that it has never proposed to act on behalf of any government [1][6].

近日，围绕ASML是否曾向美国提出"监控中国客户"的指控，一场跨越企业、政府与舆论的争议迅速升 温。而在中美科技竞争持续深化、欧洲战略空间日益紧缩的背景下，这一事件不仅牵动全球半导体产业 链，也再次凸显了技术公司正在被卷入地缘政治漩涡的现实。尽管ASML第一时间坚决否认，但争议背 后所折射出的国际科技秩序演变，却远比指控本身更值得我们关注。 真假难辨：新书指控与ASML的否认 提及前述的争议，其起点来自前彭博社记者迪德里克•巴齐尔（Diederik Baazil）和卡甘•科奇（Cagan Koc）合著的《世界上最重要的机器，De belangrijkste machine ter wereld》（以下简称：新书）一书。 该书试图讲述全球半导体产业以及ASML作为核心企业的关键角色，因此作者想要呈现一个"被美国拉 入出口限制体系的ASML"，难免带有叙事性夸张。而在中美科技对抗高度敏感的2025年，这类带有爆 炸性内容的话题非常容易被放大。 书中描绘的核心情节是：ASML在2023年美荷达成出口限制协议的"过渡期内"卖出超出合约数量的DUV 光刻机，并因此招致美国不满，要求ASML表现出"诚意"；而时任ASML ...

市场情绪回暖，很大程度上源于投资者对美联储下月降息的预期再度升温。 尽管波士顿联储主席苏珊·柯林斯在周末表示，她认为目前没有特别强烈的降息必要，但在此之前，纽约联储主席约翰·威廉姆斯曾表 示，"短期内"可能有理由降息，使得市场对宽松的预期依然偏高。周一，美联储理事克里斯托弗·沃勒再次呼吁尽快降息。 【导读】 科技股大涨 中国基金报记者 泰勒 大家好，今晚继续关注海外市场的表现，科技股大涨了！ 11月24日晚间，美股三大指数上涨，道琼斯指数涨超200点，科技股为主的纳斯达克指数暴涨约2%，标普500指数涨超1%。 芯片股和其他大型科技股集体走高，延续了上一交易日的涨势，也暗示市场对"AI泡沫"的担忧正在降温。 半导体厂商超威半导体（AMD）和美光涨幅居前，特斯拉和谷歌母公司Alphabet的股价也均上涨约6%。这些走势共同推动纳斯达克综合 指数大涨近2%。 | 了 筛选 | 最新价 = | 涨跌幅 = □' | | --- | --- | --- | | Sandisk Corporation N | 226.47 | +13.08% | | US SNDK | | | | 博通 | 370.23 | +8.8 ...

Core Viewpoint - The article discusses the controversy surrounding ASML's alleged proposal to monitor Chinese customers for the U.S. government, which ASML has strongly denied, asserting that the claims are false and misleading [3][5]. Group 1: Allegations and Responses - A new Dutch book titled "The Most Important Machine in the World" claims that ASML's CEO suggested monitoring Chinese clients in exchange for continued service to them [3]. - ASML issued a statement refuting the claims, emphasizing that it has never proposed to act on behalf of any government or intended to violate export control agreements [3][5]. - The company stated that it had informed the author of the book in writing prior to publication that many statements in the book were seriously inaccurate [4][5]. Group 2: Compliance and Legal Stance - ASML reiterated its commitment to comply with all applicable laws and regulations in its business operations, including export control regulations [5]. - The company reserves the right to take further legal action due to the damage to its reputation caused by the book's claims [5].

如果您希望可以时常见面，欢迎标星收藏哦~ 来 源 ： 内容来自半导体芯闻综合 。 针对某近期出版新书的新闻,ASML发表声明称： 点这里加关注，锁定更多原创内容 *免责声明：文章内容系作者个人观点，半导体芯闻转载仅为了传达一种不同的观点，不代表半导体芯闻对该 观点赞同或支持，如果有任何异议，欢迎联系我们。 10万亿，投向半导体 芯片巨头，市值大跌 黄仁勋：HBM是个技术奇迹 Jim Keller：RISC-V一定会胜出 推荐阅读 全球市值最高的10家芯片公司 ASML注意到近期一本以荷兰语出版、聚焦公司内容的新书引发了媒体关注。ASML不认可该书的 内容。 在该书出版前，我们已通过书面形式明确告知作者，书中多处陈述存在严重不实，并对ASML声誉 造成损害。我们保留采取进一步行动的权利。 书中任何关于ASML曾向任何政府提出"代其行事"的所谓提议，均与事实不符并具有严重误导性。 同样，任何声称ASML有意或曾经有意违反荷兰、美国或任何其他政府相关协议的说法，也均不属 实。 ASML始终遵守所有适用于其业务经营的法律法规，并在相关出口管制规定范围内开展业务。 全球市值最高的10家芯片公司 喜欢我们的内容就点 "在 ...

【文/观察者网 柳白】对华出口芯片设备引发美政府震怒后，荷兰光刻机巨头阿斯麦（ASML）竟请缨 做美国在华"耳目"？这一惊人的消息出现在了一本新书《世界上最重要的机器》中。 阿斯麦今天（24日）澄清并否认相关消息，并对观察者网表示，书中内容与事实严重不符，有损公司声 誉，阿斯麦保留采取进一步行动的权利。 据荷兰财经大报《金融日报》（Het Financieele Dagblad）11月20日报道，这本新书由前彭博记者迪德里 克·巴齐尔（Diederik Baazil）和卡甘·科奇（Cagan Koc）合著。两人根据匿名消息来源，记述了近年来 荷兰、阿斯麦与美国之间的数次关键对话，其中就包括发生在2023年的一件往事。 那年1月，荷兰与美国达成了进一步限制对华出口光刻机的协定，禁令于当年9月生效，从2024年起全面 实施。在几个月的过渡期内，美荷双方达成一项"君子协定"：阿斯麦仅被允许向中国交付少量已签约的 深紫外光刻机（DUV），且禁止出售任何新设备。 然而，期间阿斯麦向中国出售的设备数量远超与美国约定的规模，美方发现后震怒不已。 首席执行官温宁克 前阿斯麦 时任美国商务部长雷蒙多立刻致电时任阿斯麦首席执行官 ...

【文/观察者网 柳白】对华出口芯片设备引发美政府震怒后，荷兰光刻机巨头阿斯麦（ASML）竟请缨 做美国在华"耳目"？这一惊人的消息出现在了一本新书《世界上最重要的机器》中。 前阿斯麦首席执行官温宁克 时任美国商务部长雷蒙多立刻致电时任阿斯麦首席执行官皮特·温宁克，当时的荷兰首相马克·吕特也召 见温宁克进行质询。 吕特警告对方，违背与美国的协议正把荷兰推入危险的境地，令荷兰政府在关键盟友面前"颜面尽失"。 吕特还明确表示，政府受到阿斯麦的误导，重建美国的信任不仅是美国政府的要求，也符合阿斯麦的自 身利益。 值得一提的是，温宁克一直公开批评美国禁令，他认为将中国排除在外只会导致中国将更多精力投入到 自主技术研发中。 作者在书中透露，连遭施压的温宁克随后提出了一项惊人的提议：如果美国允许阿斯麦工程师继续为中 国客户提供服务，该公司可以向美方提供中国芯片工厂内部运作的相关情报。 阿斯麦今天（24日）澄清并否认相关消息，并对观察者网表示，书中内容与事实严重不符，有损公司声 誉，阿斯麦保留采取进一步行动的权利。 据荷兰财经大报《金融日报》（HetFinancieeleDagblad）11月20日报道，这本新书由前彭博记者 ...