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ASML CEO Sees AI Spending ‘Arms Race’

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…

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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.

Watch the full episode:

00:00 Lithography and chipmaking
00:50 The future of lithography
02:33 Mistral AI investment
04:00 Is there an AI bubble?
06:00 AI boom: Does spending make sense?
06:45 The AI arms race
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7 Comments

7 Comments

  1. @GMorning10

    December 13, 2025 at 3:54 am

    Brown shoes match well with colorful socks and tight pants😂

  2. @Oldaker

    December 13, 2025 at 4:52 am

    Crazy cool company

  3. @alexanderrose1556

    December 13, 2025 at 9:30 am

    Speaking of the “guy selling the shovels during a gold rush” this is that guy and this is that shovel company.

  4. @jf6882

    December 13, 2025 at 3:33 pm

    I’m buy more ASML stock every month. This Monopoly won’t be broken.

  5. @Tylern7

    December 14, 2025 at 10:05 am

    All this AI spending yet Siri is still retarded.

  6. @Weathering123

    December 14, 2025 at 10:36 am

    ASML will be done after the Hi NA EUV. Like it or not China is pursuing a strategy of DUV + Deposition/Etching (Multi-patterning) to bypass EUV, and there is indeed major research into new materials to replace silicon. It over

  7. @robertjanhoning3922

    December 14, 2025 at 1:37 pm

    Great, I believe in ASML as a major innovator for the future, non-complacency is the most important test to stay invested with them.But,…what is it about those socks of these guys?

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Bloomberg Technology

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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