AMSTERDAM (Reuters) – ASML, the Dutch semiconductor equipment supplier that is Europe’s largest technology company, said on Tuesday it supports a proposal by the European Commission to help boost the continent’s computer chip manufacturing capacity.
In a position paper, ASML said it “strongly supports” the plan aimed at securing extra funding for the chip industry and cutting the bloc’s dependence on U.S. and Asian companies..
ASML, a key supplier to Intel and other major chipmakers, noted the Act should not only focus on chip production but other parts of the technology chain, from components to products.
(Reporting by Toby Sterlingl; Editing by Kirsten Donovan)
