ASML Chief Warns Critical Equipment Crisis Is Dampening Chipmakers’ Ambitious Expansion Plans: FT

ASML Chief Warns Critical Equipment Crisis Is Dampening Chipmakers’ Ambitious Expansion Plans: FT
Employees are seen working on the final assembly of ASML's TWINSCAN NXE:3400B semiconductor lithography tool with its panels removed, in Veldhoven, Netherlands, on April 4, 2019. Bart van Overbeeke Fotografie/ASML/Handout via Reuters
Benzinga
Updated:

ASML Holding NV CEO Peter Wennink warned about the critical equipment crisis as the supply chains struggled to drive production, the Financial Times reports.

Wennink saw the crisis impeding chipmakers’ multibillion-dollar expansion plans over the next two years,