4 ms·
I read it as: We at ASML have a lot of cash. We think investing in Mistral will give us a ROI and investing in the EU right now is safer than the hellscape in
by spiderfarmer 1y ago
I read it as:
We at ASML have a lot of cash. We think investing in Mistral will give us a ROI and investing in the EU right now is safer than the hellscape in the US. Politicians will like it as well. We'll let the PR firm worry about synergy.
- on_the_train 1y agoAsml does not have a lot of cash though. Not at all.
- Cthulhu_ 1y agoNeither did Musk but he bought Twitter and the US government. You don't need cash, you need value, and ASML has a value (market cap) of over $300 billion. As the Dutch say, "money must roll"; having cash (or value) but not doing anything with it means you're losing money.