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But it earned almost nothing in Europe this year, down from 1% of total profits in 2025 and 5% in 2024. Why? European chipmakers bought no lithography equipment from ASML in 2026 — and the company is calling on EU authorities to help create demand for European chips. Go deeper with TH Premium: Chipmaking (tsmc) (Image credit: tsmc) (https://www.tomshardware.com/pc-components/dram/samsung-sk-hynix-and-micron-face-a-third-dram-price-fixing-lawsuit?utm_source=edit-links&utm_medium=boxout&utm_term=memory) Analyzing TSMC's fab expansion roadmap — multi-fab N2 ramp, CoWoS, SoIC, and uncorking bottlenecks (https://www.tomshardware.com/tech-industry/semiconductors/leading-edge-foundry-roadmaps-for-tsmc-intel-and-samsung-outlining-the-path-to-1-4nm-nodes-and-beyond?utm_source=edit-links&utm_medium=boxout&utm_term=chipmaking) Leading-edge foundry roadmaps for TSMC, Intel, and Samsung (https://www.tomshardware.com/tech-industry/semiconductors/asml-lithograpy-roadmap-examined-from-duv-to-hyper-na?utm_source=edit-links&utm_medium=boxout&utm_term=chipmaking) ASML's roadmap for chipmaking lithography tools examined (https://www.tomshardware.com/tech-industry/semiconductors/chinese-chipmaking-tool-roadmap-examined?utm_source=edit-links&utm_medium=boxout&utm_term=chipmaking) Chinese chipmaking tool roadmaps examined "We are selling absolutely nothing in Europe," said Frank Heemskerk, executive vice president of public affairs at ASML, while speaking at a panel discussion from the Dutch political and cultural center (https://www.youtube.com/live/nAbGmBCmBrc) De Balie . "Because Europe is not investing and because no chip factories are being built in Europe. That is genuinely worrying. […] [Our revenue share in Europe is 0%], it used to be 1%." Indeed, Europe accounted for 1% of ASML's revenue share in 2025, 5% in 2024, 4% in 2023, and 2% in 2022, based on the company's presentations for investors. In the first two quarters of 2026, however, Europe accounted for 0% of ASML's revenue, according to ASML's earnings reports. Latest Videos From Tom's Hardware (asml-says-its-sells-absolutely-nothing-in-europe-calls-on-eu-to-help-create-demand.html) Watch full video here: "There simply is no demand here for these kinds of highly specialized machines," Heemskerk said. "That is the problem. So apart from trying to attract investment with capital on the supply side, we should do much more to create demand. […] So, we at ASML are also making an enormous effort, and we are talking with Ursula von der Leyen in Europe, saying: 'try to harness the market power and dynamism that ultimately do exist in Europe in a number of areas.'" So far, the European Union has been keen on subsidizing building new fabs in Europe (something that did not help to lure Intel in). But ASML is calling on European governments to help aggregate and guarantee demand for European-made chips — which will encourage major European chip consumers to source locally, giving semiconductor manufacturers an economic reason to build or expand fabs in Europe. You may like (https://www.tomshardware.com/tech-industry/semiconductors/asmls-planned-low-na-euv-machine-price-hikes-reportedly-frustrate-tsmc-lithography-machine-maker-comes-knocking-to-make-bank-on-tsmcs-profitable-fabs-potentially-costing-the-taiwanese-chipmaker-billions) (ASML) ASML's planned Low-NA EUV machine price hikes reportedly anger TSMC (https://www.tomshardware.com/tech-industry/semiconductors/chinas-euv-technology-at-a-similar-stage-to-asml-in-2004-analyst-claims-beijings-semiconductor-industry-remains-well-behind-western-rivals) (ASML) China's DUV technology 'at a similar stage to ASML in 2004,' analyst claims (https://www.tomshardware.com/tech-industry/intel-commits-5-7-billion-to-ireland-one-year-after-cancelling-its-german-and-polish-fab-projects) (Intel Logo in front of a building) Intel's big $5 billion bet on Ireland aims to right the wrongs of the cancelled Magdeburg, Germany complex "We need to make sure that some of those buyers — the customers of our customers — start talking much more closely with European manufacturers again. In areas such as artificial intelligence for industry, for example, there are still plenty of opportunities that Europe can seize. But you have to organize this collectively." New fabs are being built… That said, the ASML EVP may be too pessimistic about Europe's semiconductor industry. Stay On the Cutting Edge: Get the Tom's Hardware Newsletter Get Tom's Hardware's best news and in-depth reviews, straight to your inbox. (Your Email Address) (XTH-X) (EN) (60) Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors (Sign me up) By submitting your information you agree to the (https://futureplc.com/terms-conditions/) Terms & Conditions and (https://futureplc.com/privacy-policy/) Privacy Policy and are aged 16 or over. Intel runs its massive Fab 34 near Leixlip, Ireland, and recently announced plans to (https://www.tomshardware.com/pc-components/cpus/intel-invests-usd5-7-billion-in-ireland-fab-aims-to-boost-output-of-xeon-6-next-gen-xeon-products-built-on-intel-3-process) invest €5 billion in the facility to expand production of CPUs on Intel 4 and Intel 3 process technologies. While the new investment dwarfs Intel's plans to invest roughly (https://www.tomshardware.com/pc-components/gpus/intel-submits-schematics-for-1nm-chip-fabs-in-germany-two-new-fabs-open-in-2027) €80 billion in its Magdeburg, Germany, fab complex, with two first fabs alone accounting for over €30 billion, it still represents Intel's commitment to its Ireland campus. In addition, ESMC — which is backed by TSMC, Bosch, Infineon, and NXP — is (https://www.tomshardware.com/tech-industry/tsmcs-joint-european-venture-esmc-breaks-ground-on-german-fab) building a brand-new fab near Dresden that will cost around €15 billion. The fab will be capable of producing chips using 12nm/16nm-class FinFET and 22nm/28nm planar transistor-based process technologies used in a wide range of automotive applications. The same nodes are also used for various consumer electronics and edge applications. Infineon also opened its new €5 billion Smart Power Fab in Dresden in July 2026, which marked the largest single investment in the company's history and effectively doubled its manufacturing capacity at the site. The 300mm facility produces power semiconductors as well as analog and mixed-signal chips for automotive, industrial, renewable-energy, and AI data-center applications. What to read next (https://www.tomshardware.com/tech-industry/semiconductors/chinese-chipmaking-tool-roadmap-examined) (3D Render of a microchip-shaped China) Chinese chipmaking tool roadmaps examined — Beijing's nascent lithography tools target DUV production at five machines a year, and an EUV prototype with no chips (https://www.tomshardware.com/tech-industry/semiconductors/tsmc-samsung-and-intel-shore-up-support-with-asml-to-deploy-larger-high-na-euv-photomasks-6-12-inch-photomask-transition-may-take-years-despite-unified-effort) (ASML) TSMC, Samsung, and Intel shore up support with ASML to deploy larger High-NA EUV photomasks (https://www.tomshardware.com/tech-industry/zeiss-expands-german-site-that-caps-asmls-euv-scanner-output) (Zeiss) Zeiss expands German site that caps ASML's EUV scanner output Last but not least, GlobalFoundries officially broke ground on the latest major expansion and upgrade of Fab 1 in Dresden this March to increase capacity for its specialty process technologies, including 22nm FD-SOI (22FDX), embedded non-volatile memory (eNVM), and the BCD (bipolar-CMOS-DMOS) node for power management ICs. To some degree, the upgrade was forced by headwinds that GlobalFoundries faced when building the €10.4 billion joint fab with STMicroelectronics in the Grenoble, France, region. With numerous semiconductor fab projects in place in Europe, ASML will continue to sell its tools to companies in the EU for years to come; the semiconductor industry is far from dead in the bloc. Of course, the important detail is that all of these production facilities are built by multinational corporations (sometimes in collaboration with local companies) — but this is largely a global trend rather than a major issue. …But there's a catch Although the fab projects in Europe are large in terms of investment, they pale in comparison with those being built in Taiwan, South Korea, the U.S., and Japan, where tens or even hundreds of billions of dollars are being invested in new semiconductor production facilities. What is perhaps more important from ASML's standpoint is that none of the ongoing fab projects in Europe are leading-edge fabs set to use EUV and eventually High-NA EUV lithography scanners. The tools that European fabs use today and that new facilities are set to use in the future are mature tools that cost considerably less than advanced EUV or immersion DUV scanners. This is perhaps a concern for ASML, as the company is naturally interested in selling its more sophisticated and expensive equipment. Another concern is that even advanced silicon produced in Ireland or at ESMC is then shipped to other regions for packaging, meaning that European companies have largely lost their ability to produce sophisticated chips entirely in Europe. In turn, this means that, for now, there is hardly any strategic point for European authorities to create demand for chips that are 'Made in Europe' because they are either not assembled in Europe, not produced in Europe, or not developed in Europe. We have no idea whether this is eventually going to change, but there are currently no signs that it will. (https://news.google.com/publications/CAAqLAgKIiZDQklTRmdnTWFoSUtFSFJ2YlhOb1lYSmtkMkZ5WlM1amIyMG9BQVAB) (Google Preferred Source) Follow (https://news.google.com/publications/CAAqLAgKIiZDQklTRmdnTWFoSUtFSFJ2YlhOb1lYSmtkMkZ5WlM1amIyMG9BQVAB) Tom's Hardware on Google News , or (https://google.com/preferences/source?q=) add us as a preferred source , to get our latest news, analysis, & reviews in your feeds. TOPICS (https://www.tomshardware.com/tag/asml) ASML (https://www.tomshardware.com/tag/globalfoundries) GlobalFoundries (https://www.tomshardware.com/tag/euv) EUV (https://www.tomshardware.com/tag/duv) DUV (asml-says-its-sells-absolutely-nothing-in-europe-calls-on-eu-to-help-create-demand.html#xenforo-comments-3900730) See all comments (1) (Anton Shilov) (https://www.tomshardware.com/author/anton-shilov) Anton Shilov Social Links Navigation (https://twitter.com/antonshilov) (https://www.linkedin.com/in/anton-shilov-365aa6a) (mailto:ashilov@gmail.com) Contributing Writer Anton Shilov is a contributing writer at Tom’s Hardware. Over the past couple of decades, he has covered everything from CPUs and GPUs to supercomputers and from modern process technologies and latest fab tools to high-tech industry trends. Read more (https://www.tomshardware.com/tech-industry/semiconductors/asmls-planned-low-na-euv-machine-price-hikes-reportedly-frustrate-tsmc-lithography-machine-maker-comes-knocking-to-make-bank-on-tsmcs-profitable-fabs-potentially-costing-the-taiwanese-chipmaker-billions) (ASML's planned Low-NA EUV machine price hikes reportedly anger TSMC) (ASML) Semiconductors ASML's planned Low-NA EUV machine price hikes reportedly anger TSMC (https://www.tomshardware.com/tech-industry/semiconductors/chinas-euv-technology-at-a-similar-stage-to-asml-in-2004-analyst-claims-beijings-semiconductor-industry-remains-well-behind-western-rivals) (China's DUV technology 'at a similar stage to ASML in 2004,' analyst claims) (ASML) Semiconductors China's DUV technology 'at a similar stage to ASML in 2004,' analyst claims (https://www.tomshardware.com/tech-industry/intel-commits-5-7-billion-to-ireland-one-year-after-cancelling-its-german-and-polish-fab-projects) (Intel's big $5 billion bet on Ireland aims to right the wrongs of the cancelled Magdeburg, Germany complex) (Intel Logo in front of a building) Tech Industry Intel's big $5 billion bet on Ireland aims to right the wrongs of the cancelled Magdeburg, Germany complex (https://www.tomshardware.com/tech-industry/semiconductors/tsmc-samsung-and-intel-shore-up-support-with-asml-to-deploy-larger-high-na-euv-photomasks-6-12-inch-photomask-transition-may-take-years-despite-unified-effort) (TSMC, Samsung, and Intel shore up support with ASML to deploy larger High-NA EUV photomasks) (ASML) Semiconductors TSMC, Samsung, and Intel shore up support with ASML to deploy larger High-NA EUV photomasks (https://www.tomshardware.com/tech-industry/zeiss-expands-german-site-that-caps-asmls-euv-scanner-output) (Zeiss expands German site that caps ASML's EUV scanner output) (Zeiss) Tech Industry Zeiss expands German site that caps ASML's EUV scanner output (https://www.tomshardware.com/tech-industry/semiconductors/asml-looks-to-increase-prices-of-its-low-na-euv-tools-beyond-existing-productivity-based-model-company-wants-to-capture-the-value-of-all-the-advantages-its-tools-offer-not-just-wafer-throughput-improvements) (ASML looks to increase prices of its Low-NA EUV tools beyond existing productivity-based model — company wants to capture the value of all the advantages its tools offer, not just wafer throughput improvements) (ASML) Semiconductors ASML looks to increase prices of its Low-NA EUV tools beyond existing productivity-based model — company wants to capture the value of all the advantages its tools offer, not just wafer throughput improvements Latest in Semiconductors (https://www.tomshardware.com/tech-industry/semiconductors/intel-expects-14a-to-be-within-5-percent-the-performance-of-tsmcs-a14-conservative-forecast-clashes-with-18as-frequency-lead-and-promised-20-percent-gains) (Intel expects 14A to be 'within 5%' the 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(https://forums.tomshardware.com/threads/asml-says-it-sold-absolutely-nothing-in-europe-in-2026.3900730/) Comment from the forums GenericUser2001 Even with government subsidies, its just hard to get anything done in Europe these days. The best way to phrase it is that Europe is the sick man of Europe. (https://forums.tomshardware.com/threads/asml-says-it-sold-absolutely-nothing-in-europe-in-2026.3900730/) Reply (https://forums.tomshardware.com/threads/asml-says-it-sold-absolutely-nothing-in-europe-in-2026.3900730/) View All 1 Comment Tom's Hardware is part of Future US Inc, an international media group and leading digital publisher. (https://futureplc.com/) Visit our corporate site . 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