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ASML Becomes Europe’s Most Valuable Stock Ever on AI Boom
The ASML headquarters and factory in Veldhoven, Netherlands.
ASML to Cut Fewer Jobs Than Planned After Union Negotiations
The ASML Holding NV headquarters in Veldhoven, Netherlands, on Thursday, Oct. 17, 2024. ASML Chief Executive Officer Christophe Fouquet said he expects the chip market’s long-awaited recovery will extend “well into 2025,” following disappointing third-quarter earnings that sparked a broad selloff across the semiconductor industry.
CEO of Europe’s biggest tech company to EU: Don’t intervene when you don't have your own
The CEO of Europe’s most valuable tech company, ASML, has delivered a blunt reality check to European Union (EU) policymakers. Christophe Fouquet, the chief executive of Dutch chip equipment giant ASML, questioned the EU’s aggressive stance on technology independence, warning Brussels against interfering in global semiconductor supply chains when the continent lacks the infrastructure to back it up. “If you don’t have your own supply chain, then how do you intervene [in the supply chain]?”