ASML CEO warns EU against directing “Strategic Projects” in tech policy push

Friday 05 June 2026 - 10:25

The chief executive of ASML has cautioned the European Commission against directly steering or monitoring so-called “strategic projects” as part of its broader push to strengthen Europe’s technological sovereignty.

In a public reaction to recent policy proposals, ASML CEO Christopher Fouquet said the European Union should avoid excessive intervention in the selection and management of projects eligible for state support. Instead, he argued that decisions should rely more heavily on private sector expertise.

The comments come as the European Commission considers new measures aimed at reinforcing Europe’s competitiveness in critical technologies, including semiconductors, artificial intelligence, and advanced manufacturing.

While Fouquet welcomed most of the Commission’s proposals, he warned that too much administrative control could slow innovation and reduce the effectiveness of industrial policy.

ASML, one of the world’s most important suppliers of semiconductor manufacturing equipment, plays a central role in global chip production and is often seen as a key player in Europe’s strategic technology landscape.

Analysts say the debate reflects a broader tension in Europe between increasing industrial policy coordination and preserving market-driven innovation.