ASML Says It Sells Zero Machines in Europe as No Chip Factories Are Built
2C_ornot2C · x · 2026-09-23
ASML EVP Frank Heemskerk told Bloomberg the company isn't selling any chipmaking machines in Europe because no chip factories are being built there. The EU is overhauling its Chips Act, which largely failed to stimulate investment in new fabs.
Meanwhile the US, China and India are courting ASML with government funds and incentives to expand domestically. The poster laments Europe falling behind across AI, chips and space.
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