Applied Materials, ASML Fueled China Chip-making, Lawmakers Say

ASML, Tokyo Electron, Applied Materials, KLA and Lam Research “fueled semiconductor manufacturing in China and made sizeable returns selling equipment to Chinese state-owned and military-linked companies,” the House China panel says.

• House China panel comments in a statement about its investigation into the matter
• The aforementioned companies are “large-scale producers of equipment that China is using to fuel its military ambitions,” the panel says

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Bryan Pietsch in Washington at bpietsch3@bloomberg.net

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Kasia Klimasinska at kklimasinska@bloomberg.net

Gabriella Borter

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