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Chip Linchpin ASML Joins Carmakers Warning of Vicious Cycle - Bloomberg

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The global semiconductor shortage is hitting one of the industry’s most important gear makers, potentially creating a vicious cycle that will further strain supply to companies from Nissan Motor Co. to Apple Inc.

ASML Holding NV, whose machines are essential to the production of advanced semiconductors, is waging a “daily fight” to secure chips for itself, Chief Executive Officer Peter Wennink warned. That’s why Europe’s largest producer of chipmaking equipment has set up a team dedicated to tracking down and procuring supplies around the world -- personally, if necessary.

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January 20, 2022 at 11:37AM
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Chip Linchpin ASML Joins Carmakers Warning of Vicious Cycle - Bloomberg
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