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Chip giant ASML plans Eindhoven expansion in big win for Dutch tech

Tags: social tech web
DATE POSTED:April 23, 2024

In a major win for the Dutch tech industry, chip giant ASML intends to remain and further expand in the Netherlands. The chip machine manufacturer has signed a non-binding letter of intent with the City Council of Eindhoven, eyeing a potential expansion at the Brainport Industries Campus (BIC), west of the city. Located at Eindhoven’s Brainport region — a major tech and innovation hub in Europe — BIC is dedicated to the high-tech manufacturing industry. For ASML, BIC represents an “interesting option,” Roger Dassen, the company’s CFO, said in a statement. That’s because of the campus’ close proximity to Veldhoven, where…

This story continues at The Next Web
Tags: social tech web