An ASML executive said the company is not currently selling chipmaking machines in Europe, citing a lack of investment in and construction of new chip factories on the continent. The statement comes as the European Union revises its semiconductor legislation.
The remarks highlight challenges to Europe’s ambitions for technological sovereignty in semiconductors. The US, China and India are encouraging ASML to expand operations in their territories, while the lack of European buyers for its advanced machinery points to a gap in the region’s chip manufacturing ecosystem.