Computer chip equipment maker ASML said it does not expect new U.S. restrictions on semiconductor exports to China, announced on Monday, to affect its most recent financial guidance.Separately, the Dutch government said it shares U.

Shares of several global chip-related companies surged on Thursday, following a report that U.S. officials are considering less-stringent restrictions on sales to China.

The Biden administration’s crackdown on semiconductor sales to China could be less harsh than previously expected, according to a report.