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The chip machine maker accidentally ended up at the heart of the so-called geopolitical debates. “It shows how important our profession is,” says Wennink. “We are part of the debate, not a delegation. This is called geopolitics, not geobusiness.”
By doing so, Vennink tried to distance himself to some extent from the talks between the United States and the Netherlands. As part of more comprehensive legislation, the Americans want ASML to export fewer machines to China. “If you impose very large import restrictions, it will affect the availability of chips,” says the CEO.
We need those chips every day for almost everything today. “Instruments like export controls, well-intentioned, should not have unintended consequences.” According to Wenning, the world of chips has long been a world without borders, and “everyone talks to each other and works together”.
The boundaries now being raised by politicians will become barriers, ASML CEO predicts. China already has shortages, resulting in parts being unable to be replaced and processes stuttering.
Vennink says politicians want to decide soon on any further restrictions on deliveries to China. “It’s going to take months to expand because it’s so complicated. We’re building the machines that make the chips. The chips are made and sold everywhere, and they go somewhere.”
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