Reported about 1 year ago
ASML's new CEO, Christophe Fouquet, is faced with the challenge of maintaining a delicate balance amid the US-China semiconductor battle. ASML, a leading semiconductor equipment manufacturer, is caught in the crossfire due to its vital position in the industry. Despite US restrictions on selling advanced equipment to China, ASML must continue to cater to the Chinese market while navigating political pressures. Fouquet, described as shrewd and politically astute, emphasizes the importance of global tech cooperation and warns of the unintended consequences of tech restrictions.
Source: YAHOO