Technology
ASML chief warns EU AI rules risk driving companies abroad
Christophe Fouquet says Brussels is regulating before European industry has built competitive AI products, with 99 per cent of ASML sales already outside Europe.
Person
Howard Lutnick
US Commerce Secretary, United States Government
What we have reported
- Met Fouquet last month during diplomatic engagements on semiconductor supply chains.
- Urged in a November interview that outstanding competition cases against US tech firms be settled and put behind both sides.
- Said the EU must reconsider its digital regulations to be more inviting to US big tech companies in exchange for steel and aluminium tariff changes.
Coverage
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World
US demands EU rewrite digital rules in exchange for metals tariff relief
Washington links steel and aluminium concessions to changes in the Digital Markets Act and digital services taxes, while Brussels insists its regulations are non-discriminatory and not negotiable.
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