ASML CEO cautions EU over strategic project management

ASML Chief Executive Christopher Fouquet welcomed EU proposals to improve regional tech sovereignty but cautioned against bureaucratic involvement in steering strategic projects. He argued that industry needs should drive these initiatives to avoid over-complication while leveraging private sector expertise.

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ASML Holding NV CEO Christopher Fouquet warned the EU Commission on Friday morning against direct involvement in steering or monitoring strategic technology projects. The remarks respond to a Brussels package designed to close the technology gap with the United States and Asia. Fouquet posted the statement on LinkedIn, marking one of the first major industry responses to the European plan.

Industry Rejects Bureaucratic Oversight

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