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spiderfarmer 6 days ago

I read it as:

We at ASML have a lot of cash. We think investing in Mistral will give us a ROI and investing in the EU right now is safer than the hellscape in the US. Politicians will like it as well. We'll let the PR firm worry about synergy.

on_the_train 6 days ago | parent [-]

Asml does not have a lot of cash though. Not at all.

Cthulhu_ 6 days ago | parent [-]

Neither did Musk but he bought Twitter and the US government. You don't need cash, you need value, and ASML has a value (market cap) of over $300 billion.

As the Dutch say, "money must roll"; having cash (or value) but not doing anything with it means you're losing money.