The world's top chipmakers can flip a 'kill switch' should China invade Taiwan, Bloomberg reports

Chipmakers ASML and TSMC can disable advanced chipmaking machines remotely, Bloomberg reports. Two of the world's most important chip companies can flip a "kill switch" remotely on their most advanced chipmaking machines should China invade Taiwan, Bloomberg reported on Tuesday, citing people familiar with the matter. The Netherlands' ASML — Europe's top tech company by market value — supplies advanced machines to chipmaking companies. Taiwan is the world's epicenter for semiconductor chips, the ubiquitous parts that are used in products from data centers to smartphones. The US has also pressured the Netherlands to block some ASML exports to China to limit the country's ability to manufacture advanced chips.