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Video · ■ Unclear/unknown · 1 source confirmed · 2026-09-28 13:10 UTC

ASML chief on his biggest concern about the world: ‘Polarisation’

Why now

Thesis: ASML monopoly faces geopolitical fragmentation risk

Catalyst to watch: Export-control policy or China demand shifts

Main risk: Tighter controls could cut ASML's addressable market

Why it matters

ASML's CEO flagging polarization highlights geopolitical and export-control risk to its monopoly chip-equipment business.

Details

Christophe Fouquet, chief executive of ASML, has built Europe’s biggest business through a total monopoly over the most advanced chipmaking equipment.⁠ ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the

Related assets & topics

ASML Holding · ASMLEuropeSemiconductors

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