ASML Was Hit by an IT Outage That Disrupted Facilities Worldwide

Date:

(Bloomberg) — ASML Holding NV, the maker of the world’s most advanced chipmaking machines, was struck by an IT outage on Friday that affected its facilities around the world.

Most Read from Bloomberg

The disruption began on Friday morning and was resolved later in the afternoon, an ASML spokesperson said by phone. The incident forced some employees to work remotely, and local Dutch newspaper Eindhovens Dagblad reported that the company’s cleanrooms, offices, customer support departments and communications with suppliers were affected.

The company said it’s investigating the cause of the outage.

ASML is a critical part of the world’s semiconductor supply chain, and as a result, has found itself continually caught in the middle of the escalating fight between the US and China over chip-market dominance. It has a monopoly on manufacturing the machines that help companies such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. produce the most-advanced chips that power everything from Apple Inc.’s smartphones to Nvidia Corp.’s AI accelerators.

Last month, the company mistakenly released its financial report a day earlier than scheduled due to a “technical error.” The premature publication of the release worked to amplify weak results, sending both its shares and those of chip companies globally falling.

Most Read from Bloomberg Businessweek

©2024 Bloomberg L.P.

Share post:

Popular

More like this
Related

Melton to undergo tests for sprained ACL, timeline unknown

Melton to undergo tests for sprained ACL, timeline unknown...

Chiefs K Harrison Butker reportedly needs knee surgery, will be placed on IR

Kansas City Chiefs kicker Harrison Butker will be placed...

Spalletti: ‘Rovella wonderful, Italy can always find a strong squad’

“The lads did well, because the pitch got really...

Nigeria head five Afcon 2025 qualifiers as Ghana given hope

Three-time continental champions Nigeria were among five sides to...