> The gesture comes days after ASML raised its full-year forecast for the second time this year, reporting second-quarter profits of €2.9 billion on sales of €9.3 billion as AI-driven demand continues to outpace expectations.
> It also follows a turbulent start to the year for the workforce. In January, ASML said it would cut 1,700 jobs, mainly in the Netherlands, despite record 2025 results. In June, the company agreed with unions that there would be no forced redundancies until at least May 2027.
Nothing of value will be lost when China achieves this manufacturing capability.
That's quite pathetic from ASML, and way below big tech standards.
In South Korea at the center of the memory boom, Samsung (agreed) to a profit sharing deal with employees of bonuses worth around $400k - $600k [0]. That is enough to keep them at the company.
Europe on the other hand has no money to keep employees there.
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[ 2.9 ms ] story [ 16.6 ms ] thread> It also follows a turbulent start to the year for the workforce. In January, ASML said it would cut 1,700 jobs, mainly in the Netherlands, despite record 2025 results. In June, the company agreed with unions that there would be no forced redundancies until at least May 2027.
Nothing of value will be lost when China achieves this manufacturing capability.
https://thediplomat.com/2026/07/chinas-euv-lithography-progr...
https://www.tomshardware.com/tech-industry/semiconductors/ch...
Preferably not.
In South Korea at the center of the memory boom, Samsung (agreed) to a profit sharing deal with employees of bonuses worth around $400k - $600k [0]. That is enough to keep them at the company.
Europe on the other hand has no money to keep employees there.
[0] https://www.theguardian.com/technology/2026/may/27/samsung-m...