Categories: Top Stories

Europe’s biggest chip company sells nothing at home, ASML exec says

ASML, Europe’s biggest chip company, is currently selling no chipmaking machines in Europe, says executive Frank Heemskerk, blaming a lack of investment and zero new chip factories. As the US, China and India court ASML, the EU’s Chips Act is falling short of its 2030 goal to double Europe’s global chip market share. CEO Christophe Fouquet and CFO Roger Dassen have also warned Brussels over AI regulation and tech sovereignty.

The News Vista

Share
Published by
The News Vista

Recent Posts

Meet Elizabeth Brown, 22, who won WorldSkills cooking medal in Shanghai

Elizabeth Brown, a 22-year-old from Missouri, achieved victory at the 48th WorldSkills Competition held recently…

49 minutes ago

Wisconsin family protects nearly 1,800 forest acres in $1.6 million deal

A Wisconsin family will continue to own and manage nearly 1,800 acres of forest under…

49 minutes ago

Gold price outlook: Gold under extreme pressure; analyst sees rallies as opportunity to sell

Gold price prediction: Gold is under extreme downside pressure on exponential rise in real yields…

50 minutes ago