ASML urges EU to boost demand for European-made chips
Tom's Hardware reports that Europe's share of ASML revenue fell from 1% in 2025 to 0% in the first two quarters of 2026, citing company figures.
TLDR
Tom's Hardware reports that ASML wants European governments to pool and guarantee demand for locally made chips to encourage factory investment. ASML executive Frank Heemskerk urged chip buyers to work more closely with European manufacturers, pointing to industrial AI as an opportunity. The outlet also qualifies his bleak assessment: European factory projects are underway, including ESMC's Dresden plant and Intel's planned expansion in Ireland. But it says the ongoing projects are not leading-edge factories set to use advanced EUV lithography machines, and it flags Europe's reliance on overseas chip packaging.
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ASML urges EU to boost demand for European-made chips
Tom's Hardware reports that Europe's share of ASML revenue fell from 1% in 2025 to 0% in the first two quarters of 2026, citing company figures.
TLDR
Tom's Hardware reports that ASML wants European governments to pool and guarantee demand for locally made chips to encourage factory investment. ASML executive Frank Heemskerk urged chip buyers to work more closely with European manufacturers, pointing to industrial AI as an opportunity. The outlet also qualifies his bleak assessment: European factory projects are underway, including ESMC's Dresden plant and Intel's planned expansion in Ireland. But it says the ongoing projects are not leading-edge factories set to use advanced EUV lithography machines, and it flags Europe's reliance on overseas chip packaging.