The Bloomberg Tech Summit in London featured prominent figures from the semiconductor industry, such as ASML Holding NV CEO Christophe Fouquet and Arm Holdings Plc's Rene Haas.

ASML, which has a dominant position in advanced chip-making machinery, and Arm, whose designs are crucial to global smartphone technology, emphasized their roles in the supply chain.

Fouquet mentioned that ASML expects increased pressure from the US to restrict semiconductor technology sales to China, its largest market.

Despite existing limitations on the sale of advanced machines to China, the country is focusing on manufacturing mainstream chips that have fewer national security concerns.

ASML recently adjusted its annual outlook downward, reporting significantly fewer orders than anticipated, which has had a negative impact on its stock performance.