American depositary receipts (ADRs) of Netherlands-based ASML Holding N.V. (ASML) dropped over 3% in intraday trading Tuesday as Dutch officials blocked the semiconductor production equipment m🥃aker from exporting some of its products to China.

The company said a license for shipment of its NXT:2050i and NXT:2100i lithography systems in 2023 “has been partially revoked by the Dutch government, impacting a small number of customers in China.”

The move came as the U.S. has also 澳洲幸运5官方开奖结果体彩网:ramped up restrictions on certain tech exports to China on concer🧸ns about national security.🍨

ASML said it doesn’t believe that the decision by Amsterdam or the latest American export controls will impact its 2023 financial o💜utlook.

The company noted it has held discussions recently with Washington about the latest expཧort rules that were announced in October. It said those talks helped clarify the “scope and impact” of the limi🦄ts on certain “mid critical DUV immersion lithography systems for a limited number of advanced production facilities.”

ASML aꦬdded that it was “fully committed” to complying with all applicable laws and 💞regulations, including export control legislation, in the countries where it operates.

Despite Tuesday's decline, ASML Holding N.V. ADRs have gained more than 30% over the past year.