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ASML currently sells no chipmaking machines in Europe, executive says
Summary
ASML says it isn’t selling any lithography machines in Europe because no new fabs are being built, leaving the continent behind as the US, China and India pour money into their own chip industries. The EU’s revised Chips Act has not yet generated sufficient fab construction to create demand for ASML’s equipment.
- ASML currently sells no lithography machines to European customers.
- European fab investment is low, so there is no demand for ASML equipment.
- The US, China and India are actively courting ASML for domestic production.
- EU’s revised Chips Act has not yet spurred new fab construction.
European policymakers and chip manufacturers should care because ASML’s sales reflect the continent’s lag in semiconductor investment and its impact on global tech competitiveness.
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