Presenter Matthew Kenyon visits Dutch tech giant ASML, the company which makes the most advanced machines used in the manufacturing of microchips.

It is Europe’s most valuable tech company and business is booming – ASML expanded its headcount by nearly a third in 2022 – but political pressure from the US to restrict exports to China threatens to disrupt the semiconductor landscape.

We hear from ASML chief executive Peter Wennink, find out more about the process of creating ASML’s remarkable products and consider what the fallout from Washington’s intervention might be.

Presenter/producer: Matthew Kenyon

(Photo: ASML expo in Shanghai. Credit: Getty Images)