CEO of Europe’s biggest tech company to EU: Don’t intervene when you don't have your own
ASML CEO Christophe Fouquet has criticized the European Union's push for semiconductor independence, arguing that the bloc lacks the necessary infrastructure to support such intervention. He suggests that instead of restrictive policies, the EU should focus on fostering a business environment that allows domestic companies to scale.
Why it matters
This highlights the tension between protectionist industrial policy and the practical realities of global supply chain dependencies in the critical semiconductor sector.
CEO of Europe’s biggest tech company ASML bluntly tells EU: Why should you even intervene, when you don t even have your own - The Times of India
The article reports on a business leader's critique of government policy, presenting both the CEO's perspective and the EU's stated goals.
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