If the invitation is accepted, Musk could join CEO Christophe Fouquet by video link to discuss AI, robotics, space exploration, and semiconductor production, with the conversation centered around Terafab, the SpaceX and Tesla chip venture whose proposed Texas fab can’t reach production without ASML's machines.
Backlash began to surface on Viva Engage, ASML’s internal employee platform, where workers have argued that giving the controversial tech leader a platform clashes with the company’s stated commitment to an inclusive culture. In particular, ASML staff have specifically highlighted Musk’s political activities around the Trump administration, general anti-European rhetoric, and what staff described as “Nazi sympathies.” In March, an Amsterdam court banned the Grok image-generation app due to its abusive “undressing” image generation capabilities.
ASML is the sole monopoly supplier of EUV lithography systems, the tools needed to pattern transistors at the leading edge; fabs targeting advanced nodes have no viable alternative.
Every major foundry and memory maker, including TSMC, Samsung, SK hynix, Micron, and Intel, already holds orders with the company. Terafab, by contrast, has no path to leading-edge production that bypasses ASML, and the company’s CEO said last month that Musk is "very serious" about the project, noting that ventures like Terafab and Starlink would strain equipment makers' capacity over the coming years.
ASML CEO says Elon Musk is 'very serious' about TeraFab chipmaking megaproject, confirms direct talks
Elon Musk pushing forward with Terafab at 'light speed'
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/asml-staff-want-to-boycott-musk#main
- https://www.tomshardware.com
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Informational only. No financial advice. Do your own research.