ASML CEO Christophe Fouquet No one is coming for us | TechCrunch
News Source : TechCrunch
News Summary
- ASML, headquartered in the Netherlands, makes the machines that make the chips that make AI possible.
- That monopoly has made ASML the most valuable company in Europe, worth over $530 billion.
- Substrate, a San Francisco startup founded by a protégé of Peter Thiel, has raised more than $100 million and been valued at over $1 billion on the claim that it can build a rival lithography machine.
- Separately, there have been reports that former ASML engineers in China have partly reverse-engineered the technology.
Every time you use AI, you are, in some small way, depending on a 42yearold, 44,000person Dutch company that spends 4.5 billion each year to advance its technology.ASML, headquartered in the Net [+8752 chars]
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