The company that makes the machines that make the world’s most advanced chips just delivered a blunt diagnosis of Europe’s AI ambitions: the continent is barely in the game.
ASML CEO Christophe Fouquet has called Europe “very weak” in the AI ecosystem, pointing to a staggering imbalance in where the most cutting-edge semiconductors actually end up. According to Fouquet, 80% of the most advanced AI chips are purchased in the United States. Europe, meanwhile, accounts for just 1-2% of ASML’s shipments of…