ASML Holdings NV (NASDAQ:ASML) CEO Christophe Fouquet addressed the company’s position on export controls and dispelled rumors about reverse-engineering of their machines in China.

Fouquet, speaking to Tech Crunch on Tuesday, before the Milken Institute Global Conference, said that he is aligned with Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang‘s perspective that companies should sell globally while retaining the latest technology for home. He stated that ASML also follows a similar strategy by maintaining a generation gap in its sales.

“I think he's totally right — and I think this is what Nvidia has done, is that you can keep a technological advantage by maintaining a generation gap in what you sell,” Fouquet said. The CEO added that Nvidia is operating with about an eight-generation gap, while ASML is dealing with just two or three.

ASML currently exports tools to China that were first launched in 2015, adhering to export controls. Fouquet stressed the importance of finding a balance between “not doing business” at all and giving a significant competitive edge to countries where the latest products are not sold.

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