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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’s Caroline Hyde and Ed Ludlow discuss Google Cloud’s latest generation of tensor processing units, or TPU, and the Alphabet division’s new partnerships. Plus, a small group of unauthorized users has accessed Anthropic’s new AI model, Mythos, according to a source and documents reviewed by Bloomberg. And, Rivian CEO RJ Scaringe joins as his company’s new R2 model, its smaller, cheaper SUV, begins rolling off the manufacturing floor in Normal, Illinois.
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Vast Data Reaches $30 Billion Value, Preps for IPO

Software maker Vast Data has raised a $1 billion Series F, tripling its valuation to $30 billion. Vast Data CEO Renen Hallak says the company is readying itself for an IPO. Hallak joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Software maker Vast Data has raised a $1 billion Series F, tripling its valuation to $30 billion. Vast Data CEO Renen Hallak says the company is readying itself for an IPO. Hallak joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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