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# ASML says it sold 'absolutely nothing' in Europe in 2026

357 points · 769 comments

[Full discussion](<https://news.ycombinator.com/item?id=49844663>)

[Read original](<https://www.tomshardware.com/tech-industry/semiconductors/asml-says-its-sells-absolutely-nothing-in-europe-calls-on-eu-to-help-create-demand>)

Category: [Industry & Society](<https://hacksnap.live/?category=industry-society>)

## Skept-o-meter & Hotness

Skept\-o\-meter: High\. Estimated from 10 comments\.

47 comments for the summary\.

Peak rank: \#1

Time in Top 10: 24\.0 hours

Hacksnap ranks recent stories first, then orders each group by points\. Peak rank uses all retained observations\. Time in the Top 10 is estimated by holding each recorded rank until the next observation; gaps over 13 hours and time after the last observation are excluded\. Movement between observations is unknown\.

213 recorded rank observations from 2026\-09\-27T08:00:59\.454818\+00:00 to 2026\-10\-10T23:01:00\.95027\+00:00\.

Hotness — latest 168 recorded Hacksnap ranks:

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The supplied discussion leans skeptical about Europe's semiconductor prospects, but it splits over whether the core problem is regulation, energy policy, weak industrial policy, or geopolitical underinvestment, and several commenters dispute ASML's zero\-sales framing by pointing to existing mature\-node fabs\.

## The brief

ASML says Europe accounted for 0% of its revenue in the first two quarters of 2026, down from 1% in 2025, because no European chipmakers bought lithography equipment\. ASML executive Frank Heemskerk calls for the EU to help aggregate and guarantee demand for European\-made chips, while the article notes that ongoing European fab projects are mostly mature\-node facilities and do not use leading\-edge EUV or High\-NA EUV tools\.

- ASML's Europe revenue share fell to 0% in the first half of 2026, after 1% in 2025, 5% in 2024, 4% in 2023, and 2% in 2022\.
- ASML's Frank Heemskerk said the company is selling 'absolutely nothing' in Europe because Europe is not investing and no chip factories are being built there\.
- ASML is asking EU authorities to create demand for European\-made chips by organizing major chip buyers and encouraging local sourcing, rather than only subsidizing fab construction\.
- Europe does have fab projects, including Intel's Fab 34 expansion in Ireland, ESMC's Dresden fab, Infineon's Smart Power Fab, and GlobalFoundries' Fab 1 expansion\.
- None of the European fab projects are leading\-edge EUV or High\-NA EUV facilities; they focus on mature nodes, and advanced silicon is often shipped elsewhere for packaging\.
- The article argues this weakens the strategic case for 'Made in Europe' chips because they may be neither fully produced, assembled, nor developed in Europe\.

## Discussion themes

### Dispute over ASML's 'nothing' framing

Some commenters argue Europe is not empty of semiconductor investment: rurban says TSMC is building a state\-of\-the\-art fab in Dresden and will use ASML, while ahartmetz counters that the Dresden fab is 12nm and not truly state of the art\. piltdownman adds detail on Intel's large Irish investments and Intel 4 production\.

Sources: [Comment 49825674](<https://news.ycombinator.com/item?id=49825674>) · [Comment 49827875](<https://news.ycombinator.com/item?id=49827875>) · [Comment 49845190](<https://news.ycombinator.com/item?id=49845190>)

### Mature\-node and packaging gap

bethekidyouwant notes the article omits where ASML actually sells, assuming mostly Taiwan and America\. petcat calls the situation dire and points to the US re\-homing advanced fab technology to Arizona, while alephnerd argues the EU CHIPS Act neglected packaging and design capacity, which were central to other regions' semiconductor strategies\.

Sources: [Comment 49844910](<https://news.ycombinator.com/item?id=49844910>) · [Comment 49845151](<https://news.ycombinator.com/item?id=49845151>) · [Comment 49845231](<https://news.ycombinator.com/item?id=49845231>)

### Regulation, energy, and policy coordination

HPsquared attributes Europe's weakness to regulations around hazardous chemicals, process changes, and high energy consumption; cromka disputes that regulation explains the lack of highly integrated chip manufacturing\. l5870uoo9y cites energy rationing in the Netherlands and Denmark, and alephnerd argues weak coordination between EU, national, and local governments makes high\-capex projects risky\.

Sources: [Comment 49845075](<https://news.ycombinator.com/item?id=49845075>) · [Comment 49845431](<https://news.ycombinator.com/item?id=49845431>) · [Comment 49845291](<https://news.ycombinator.com/item?id=49845291>) · [Comment 49845154](<https://news.ycombinator.com/item?id=49845154>)

### Industrial policy debate

bsoqk sarcastically doubts another EU law or audit will fix the chip\-market goal\. Epa095 argues TSMC was from the beginning a Taiwanese state project and that public industrial policy, not just low taxes and few regulations, is needed\. brookst says laws alone mean nothing and cites Airbus as proof the EU can act, while SR2Z argues restricting foreign competition is insufficient and points to burdensome EU regulations and restrictive capital rules\.

Sources: [Comment 49823942](<https://news.ycombinator.com/item?id=49823942>) · [Comment 49856714](<https://news.ycombinator.com/item?id=49856714>) · [Comment 49856872](<https://news.ycombinator.com/item?id=49856872>) · [Comment 49857428](<https://news.ycombinator.com/item?id=49857428>)

### Geopolitical exposure and war policy

Kim\_Bruning says Europe is exposed to Russia\-Ukraine, US\-Iran, and China\-Taiwan risks\. sajithdilshan blames EU leaders for refusing pragmatic talks with Putin, while bpodgursky counters that Europe had vastly more GDP than Russia but failed to make sacrifices or stop buying Russian oil\. PorciiVorbesc responds that welfare and social services were already cut and that housing Ukrainians added costs\.

Sources: [Comment 49844758](<https://news.ycombinator.com/item?id=49844758>) · [Comment 49845143](<https://news.ycombinator.com/item?id=49845143>) · [Comment 49845196](<https://news.ycombinator.com/item?id=49845196>) · [Comment 49845268](<https://news.ycombinator.com/item?id=49845268>)

### Nuclear and energy policy blame

saddat sarcastically credits Germany with shutting down power plants, ekjhgkejhgk suspects the anti\-nuclear stance was a Russian influence operation, and ExpertAdvisor01 says the phase\-out was decided in 1998 under the SPD\-Green coalition and passed into law in 2002, blaming the Green Party's long\-standing anti\-nuclear position\.

Sources: [Comment 49806825](<https://news.ycombinator.com/item?id=49806825>) · [Comment 49806912](<https://news.ycombinator.com/item?id=49806912>) · [Comment 49807179](<https://news.ycombinator.com/item?id=49807179>)

## Sources & coverage

AI-generated summary · 2026\-09\-27T08:00:31\.764035\+00:00

Based on 47 of 47 usable stored comments, selected by depth and branch activity. This is a sample of the discussion. Article text may also be shortened.

Generated using deepseek\-ai/DeepSeek\-V4\.1\-Flash. Check the linked sources for full context.
