ASML, the world's only EUV lithography supplier, earned zero revenue from Europe in 2026 despite being Europe's largest company by market cap, as European chipmakers built no new fabs. The company is urging EU authorities to create demand for European chips through collective procurement guarantees rather than relying solely on subsidies, while new semiconductor facilities are being constructed across Europe by Intel, ESMC, Infineon, and GlobalFoundries.
At an OIP conference, TSMC revealed that AI chip demand will exceed its capacity by 2-3x even through 2030, with customers requesting entire new fabs rather than percentage increases. The company is constructing 19 fabs with faster timelines than competitors, but power consumption and memory supply remain critical bottlenecks alongside chip foundry capacity.
A discussion on semiconductor supply constraints emphasizes that chip demand far exceeds fabrication capacity, with yields and advanced packaging as critical bottlenecks. Intel's manufacturing capabilities are increasingly valued by major tech companies like Google, AWS, and Microsoft for custom accelerator chips, positioning the company as essential infrastructure amid exponential growth in compute and memory demand.