SML

Dutch chip-equipment maker ASML has said it is not selling its chipmaking machines in Europe, warning that the region risks falling behind the United States, China and India in the semiconductor industry. The remarks have drawn attention in India and China, where ASML's role in global chip supply chains is a sensitive topic amid ongoing export-control tensions and competition to build domestic chip manufacturing capacity.

Dutch semiconductor equipment giant ASML, one of Europe's most valuable technology companies, currently sells no chipmaking machines within Europe itself, according to a company executive. The remark highlights how chip manufacturing has shifted to Asia and the United States, with Europe hosting ASML's headquarters but little of the fabrication capacity that buys its lithography systems. Observers see it as a pointed illustration of Europe's weak position in chip production despite EU ambitions to expand domestic semiconductor manufacturing.

Dutch Prime Minister Rob Jetten is lobbying Washington against a fresh round of export restrictions that would hit ASML's China business. US lawmakers are pursuing legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and its servicing activities in China. The Dutch intervention highlights tensions between US efforts to curb China's chip ambitions and the interests of Europe's most valuable tech firm.

ASML, the Dutch chip equipment maker, says it sold 'absolutely nothing' in Europe in 2026 and is calling on the EU to help create demand for its lithography machines. The comments highlight Europe's weak semiconductor manufacturing base, as ASML's sales remain concentrated in Asia, particularly Taiwan, South Korea and China.

ASML, the Dutch maker of chipmaking equipment, says it sold 'absolutely nothing' in Europe in 2026, pointing out that demand for its machines comes overwhelmingly from Asia. The company is calling on the European Union to help create demand for advanced chip manufacturing within Europe. The remark has drawn attention to Europe's limited role in the semiconductor supply chain despite hosting the company itself.

ASML, Europe's most valuable chip technology company, reportedly has no customers on its home continent, with an executive stating plainly that the company is not selling anything there. The Dutch firm dominates the global market for advanced lithography machines used to make cutting-edge chips, but its buyers are concentrated in Asia and the United States, leaving Europe essentially absent from advanced chipmaking.

Attention is turning to ASML, the Dutch company whose extreme ultraviolet lithography machines, costing around $400 million each, are essential to producing advanced chips powering artificial intelligence. With every leading-edge AI chip dependent on this equipment, ASML sits at a critical chokepoint of the global semiconductor supply chain, drawing fresh focus amid the AI boom and export control debates.

Investors are weighing Applied Materials against ASML as a technology stock pick for 2026. Both companies dominate semiconductor equipment: Applied Materials supplies deposition and etch tools, while ASML holds a monopoly on extreme ultraviolet lithography machines essential for advanced chips. The comparison comes as chipmakers ramp spending on AI-driven capacity, leaving analysts divided over which equipment maker offers the better outlook for next year.

Investors are weighing ASML Holding, the Dutch maker of advanced chipmaking equipment, against Marvell Technology, the US semiconductor designer, as a pick for 2026. Both sit at the heart of the AI-driven semiconductor boom, and comparisons of their valuations, growth prospects and exposure to artificial intelligence demand are circulating among market watchers ahead of the new year.