ASML’s no to intervention

ASML's CEO recently pushed back against the idea of EU intervention in chip supply chains, warning that without one of its own, it could have adverse consequences.

Most corporate CEOs prefer not to talk about politics in general, or geopolitics specifically, too often. ASML’s CEO is no exception. The chip-making equipment firm, one of the most important in Europe, is usually quite quietist on the geopolitical tug-of-war that it finds itself stuck in. It was therefore notable to us when ASML’s CEO warned against EU…