Dutch govt tries to prevent ASML, Europe's most valuable tech company, from expanding abroad, forming "Operation Beethoven" task force.
The Dutch government is reportedly trying to prevent Europe's most valuable tech company, ASML, from expanding outside of the Netherlands due to concerns about the country's business climate and its impact on foreign workers. ASML, a key developer of photolithography equipment for chip manufacturing, is considering expanding its operations abroad and has presented a number of requests to the Dutch government, prompting the formation of a task force dubbed "Operation Beethoven" to keep the company in the country.
March 06, 2024
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