ASML’s executive for global public affairs, Frank Heemskerk, says the company currently sells no chipmaking machines in Europe because there are no new semiconductor factories being built there and Europe is not investing in capacity. He warned this leaves Europe at risk of falling behind as the United States, China and India actively compete to attract ASML’s equipment and expansions. Those markets are courting the company to site production and support domestic chip supply chains, creating a clear pull away from Europe.
ASML is the sole producer of the advanced lithography systems required to print the most advanced transistor patterns; customers such as TSMC and Samsung rely on its machines to produce leading-edge chips that underpin artificial intelligence development. The European Chips Act, enacted in 2023 to boost domestic production after pandemic-driven shortages, has not yet spurred significant factory construction, and the European Court of Auditors has judged the goal of doubling Europe’s market share by 2030 unlikely. ASML and EU authorities are therefore seeking ways to shore up Europe’s technology position, increase supply-chain resilience and stimulate semiconductor demand.
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