ASML seeking alternative sources for neon gas amid Ukraine crisis

1 minute read

The company logo of Dutch chipmakers ASML is seen on the headquarters in Veldhoven, October 14, 2009. REUTERS/Michael Kooren

Register now for FREE unlimited access to Reuters.com

AMSTERDAM, Feb 23 (Reuters) - ASML Holding NV(ASML.AS), a key supplier to computer chip makers, is examining alternative sources for the small amount of neon it uses in its factories in case a conflict between Russia and Ukraine disrupts supplies.

Although Ukraine is the world's biggest producer of neon, ASML sources less than 20% of the gas from it uses from those countries, a spokesperson said on Wednesday.

Neon is a key material used in the gas-phase lasers used in chipmaking, and prices soared during the Russia-Ukraine conflict in 2014.

Most of the world's semiconductors are manufactured in Asia, where ASML had 85% of its sales in 2021. The company's key customers include TSMC, Samsung and Intel.

Register now for FREE unlimited access to Reuters.com
Reporting by Toby Sterling, Editing by Louise Heavens

Our Standards: The Thomson Reuters Trust Principles.