AI companies in the US are mostly startups. ASML goes back to Phillips, which is over a century old and has moved into semi conductors very early. What ASML doe

AI companies in the US are mostly startups. ASML goes back to Phillips, which is over a century old and has moved into semi conductors very early. What ASML does is push a the technological boundary of an industrial process, which requires enormous R&D. You can find many such companies in the EU. The EU wants large corporations to do innovation. The US allows startups to do that, the consequences are pretty obvious.