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ASML CEO Sees AI Spending 'Arms Race'

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December 13, 2025

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ASML CEO Christophe Fouquet says artificial intelligence investing now resembles an "arms race," but that he sees no bubble in the industry. The Dutch company is Europe's most valuable company, and one of the most important cogs in the global AI supply chain. ASML has a near-monopoly on extreme ultraviolet lithography machines, which are vital for manufacturing advanced chips. Bloomberg's Tom Mackenzie spoke to Christophe Fouquet in an exclusive conversation at the company's headquarters in Veldhoven, the Netherlands, on November 14.

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Guests & Subjects Covered

ASML CEO Christophe FouquetThe DutchBloomberg's Tom MackenzieChristophe FouquetMistral AIThe AIYouTube WatchCaroline Hyde

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ASML CEO Sees AI Spending 'Arms Race' · Bloomberg Technology · Sentinel