{
  "id": 9760786,
  "title": "ASML sold nothing in Europe this past quarter",
  "url": "https://urgent.news/2026/09/25/asml-sold-nothing-in-europe-this-past-quarter",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-25T11:21:19.000Z",
  "source": {
    "name": "Silicon Republic",
    "slug": "silicon-republic",
    "url": "https://www.siliconrepublic.com/business/asml-sold-nothing-in-europe-this-past-quarter"
  },
  "original_language": "en",
  "account": "ASML, the chip equipment manufacturer, saw no sales in Europe during the most recent quarter, a stark contrast to the 1% share it had previously held. A senior executive at ASML highlighted this decline during a recent panel discussion, emphasizing the concerning implications for the region's efforts to catch up with the US and China in the semiconductor market. The executive, Frank Heemskerk, suggested that Europe should focus on improving its capital markets and reducing bureaucratic hurdles rather than competing with foreign entities. This situation follows a 2025 EU report that indicated Europe's struggle to reach its Chips Act goal of securing a 20% share in the global semiconductor market by 2030, despite some progress in implementation. The report noted that reaching this target would be challenging due to factors such as the EU's limited resources and member states' varying levels of action. ASML, which owns the exclusive rights to develop advanced lithography equipment crucial for chip production, relies heavily on European sales. The company's European sales share plummeted from 1% to zero in the latest quarter, indicating a demand issue. Barbara Baarsma, PwC's chief economist for the Netherlands, echoed this sentiment, attributing the drop to a lack of demand and suggesting that European governments should take on launching roles to generate demand, perhaps by partnering with domestic AI providers. ASML's largest market remains South Korea, accounting for 43% of its sales, followed by Taiwan, China, Japan, and the US. The company anticipates its full-year sales to fall between €43bn and €45bn, underscoring the urgency for Europe to boost its semiconductor industry.",
  "summary": "The chip equipment maker's European sale share dropped to nothing from a measly 1pc. Read more: ASML sold nothing in Europe this past quarter",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}