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by yieldcrv 28 days ago
It doesn’t

ASML’s EUV money printer has nothing to do with their ability to deploy that money in illiquid investments instead of to their own shareholders

ASML buying equity in one company in tangentially related industry (just because they’re in Europe and the pickings are slim in both offerings and growth capital) has nothing to do with any synergy or integration with ASML’s utility (and bottleneck) to the chip supply chain

remember when you were studying for standardized tests as a teenager? this is what the high scoring answer would be

1 comments

A friend of mine works for ASML and it’s suggested they were nudged quite heavily “from above” to make this investment, rather than it being an actual strategic play by ASML. Basically “sovereign EU AI” is the play here.
If your friend is working for ASML, they should not be telling you any of that.
People on here just make stuff up
they do, indeed
a cursory understanding of the subcontinent's abysmal venture capital ecosystem and bloc wide risk aversion would have anyone reach the same conclusion
Right, because the US and Chinese governments don't do/encourage any strategic investments into critical technologies.

Somehow people are only upset when Europeans dare to do the same.

Because the European ecosystem is a joke for reasons that are dumb

and this is a symptom

There’s nothing to say when the party does an investment thats their system they have total control in a state capitalist society that raised their population on marxism

And the US ecosystem is diverse to have relevant purpose built vehicles doing private investments, in conjunction with various public market operations by the state