Good news! ASML has a very strategic position. We are essentially all downstream of this one company.

Personally I see this investment as much more political than technical. ASML wants to be a real 'European' champion; not just Dutch. The Dutch and German government are on board; now the French are too.

See also: new CEO is French.

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molf 7 days ago | parent [-]

Not only are the CEO + COO French, they recently hired Le Maire, French ex-minister of Finance as a strategic advisor. ASML has also been rumoured to exit the Netherlands and relocate to France.

It is definitely a political move.

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apexalpha 7 days ago | parent | next [-]

I doubt the relocation: they just announced a new production site with 20.000 job openings in the next 3 years around Eindhoven.

I'm sure the French would love it, though. I always thought ASML would open a R&D facility in France or so to court the French government.

Guess this is it.

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prof-dr-ir 7 days ago | parent | next [-]

I agree that a relocation might not happen, but the increasing Frenchification of ASML after their CEO became French does smell a little off.

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drexlspivey 7 days ago | parent [-]

Are Google and Microsoft “Indianified” because their CEOs are from India?

	▲	prof-dr-ir 7 days ago \| parent \| next [-]
		I think you misread my comment. Did the CEOs of Google or Microsoft hire former ministers from India as strategic advisors, or make unprecedented and eyebrow-raising investments in Indian startups?
	▲	seper8 6 days ago \| parent \| prev [-]
		https://news.ycombinator.com/item?id=41785265

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seper8 6 days ago | parent | prev [-]

There is not enough power in the region to facilitate ASML demand. Rumors of dc's opening in France instead.

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rdm_blackhole 6 days ago | parent | prev [-]

> they recently hired Le Maire, French ex-minister of Finance as a strategic advisor.

Then I can say without much speculation that this will end in a disaster.

Hiring Le Maire as a strategic advisor with his "accomplishments" should be taken as a sign of clear enshitiffication.

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laurent_du 6 days ago | parent [-]

He won't be giving any advice, they are buying his contact list.

	▲	akkad33 6 days ago \| parent [-]
		Still smells like corruption