Semiconductor Geopolitics and ASML’s Balancing Act
The ongoing diplomatic negotiations surrounding ASML export licenses highlight the delicate and critical position of the Netherlands in the global technological cold war. The Dutch government and ASML must continually navigate intense pressure from the United States to restrict technology transfers to China, while simultaneously protecting the immense commercial interests of Europe's most valuable technology company and preserving the dominance of the Eindhoven Brainport ecosystem in global semiconductor supply chains.