CEO of Europe’s biggest tech company to EU: Don’t intervene when you don't have your own
ASML's CEO, Christophe Fouquet, cautioned EU policymakers against aggressive tech independence strategies, highlighting Europe's lack of supply chain infrastructure. He urged the bloc to foster a competitive business environment and build domestic champions to scale up and compete globally, rather than relying on restrictive regulations that hinder growth and innovation.
ASML's CEO, Christophe Fouquet, cautioned EU policymakers against aggressive tech independence strategies, highlighting Europe's lack of supply chain infrastructure. He urged the bloc to foster a competitive business environment and build domestic champions to scale up and compete globally, rather than relying on restrictive regulations that hinder growth and innovation.
