ASML is Europe's largest company by market cap and is one of leading semiconductor companies in the world ASML SOLD 0 CHIPMAKING EQUIPMENT TO EUROPEAN COMPANIES LAST QUARTER All of ASML's equipment which is critical for the most advanced semiconductor manufacturing went to Asia or the United States A top executive at ASML said today: “We’re not selling anything at all in Europe. That’s because Europe isn’t investing and because no chip factories are being built there,” “We need to scale up our production. We aren’t doing that solely in the Netherlands,” “There is a fierce competitive battle to get us to do it somewhere else. What’s important for ASML is that Europe steps up to the plate.” China and India “roll out the reddest of red carpets for me and they say, ‘come invest here, too, and set up your factory here,’” “We conduct a quarter of our research in the US and they say, ‘can’t that be half?” (Source Bloomberg)