ASML, a leading European chip machine-maker based in the quiet Dutch town of Veldhoven and an offshoot of Philips Electronics, is currently at the center of US-China trade tensions. The company, a vital part of the global tech landscape and described as Europe's most valuable tech entity, is considering a significant expansion in Eindhoven, Netherlands. This expansion, supported by the Dutch government's recent commitment of €2.5 billion to infrastructure and education in the region, could potentially add 20,000 jobs. ASML's new chief executive now faces the challenge of navigating these geopolitical economic policies while steering the company's growth.
Netherlands: ASML explores major expansion in Eindhoven, potentially adding 20,000 jobs https://t.co/FqTqnUKRbh https://t.co/OpYuyJep0w
ASML takes step toward major expansion in Eindhoven, Netherlands https://t.co/0bXHqlRSBV https://t.co/AWLhI1xw7Z
ASML is weighing options to expand its presence in the Netherlands, after the government committed €2.5 billion to infrastructure and education spending in the region where the company’s headquarters are located https://t.co/IkOytEDEFl
"Without ASML, the world would be a different place. Based in the quiet Dutch town of Veldhoven, this offshoot of Philips Electronics designs the gigantic and extremely complex machines that produce increasingly advanced computer chips. It’s Europe’s most valuable tech… https://t.co/u2vnySL3FD
European chip machine-maker ASML is at the center of US-China trade tensions. Its new chief executive now faces a daunting political juggling act. https://t.co/UVVCZhgWkc