ASML’s boss has a warning for Europe

Christophe Fouquet says the continent’s champions could move elsewhere if they are not better protected

Business | The chips are down ASML’s boss has a warning for Europe Christophe Fouquet says the continent’s champions could move elsewhere if they are not better protected Share Photograph: Getty Images Mar 25th 2025 | 3 min read A SML is in an enviable position. The Dutch company is the only manufacturer of equipment that can reliably etch the most advanced semiconductors, as required for everything from artificial-intelligence ( AI ) accelerators to smartphone chips. Even for less sophisticated processors—the types found in cars and tumble dryers—its machines account for over 90% of global sa

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