ASML’s future growth in Netherlands remains uncertain

A crisis meeting between top executives of ASML and Dutch Prime Minister Mark Rutte led to the CEO of the Netherlands' largest company ruling out quitting the country but failed to resolve issues surrounding its future growth plans. As chipmakers around the globe pour billions of dollars into setting up new plants to cope with soaring demand, ASML, their largest supplier, has said it will need to roughly double the size of its operations in the coming decade, but faces challenges in doing so at home. "There is a considerable gap between the concerns of industry, and what we think is necessary, and what politicians think," ASML CEO Peter Wennink told reporters after Wednesday's meeting in Rutte's office.