Supply Chain Resiliency and Economic Security - The US government is focused on ensuring supply chain resiliency and preventing over-reliance on specific countries [1] - The economic security strategy is based on rebalancing trade, stabilizing conflict zones, industrializing America, and securing supply chains [2][3][4] - PAX Silica provides a framework for securing supply chains with allies and partners to lead future industries [4] - Economic security is considered national security, making economic policy a prerequisite for national survival [7] - The US government is leveraging various investment vehicles and collaborating with allies and the private sector to strengthen economic security [7][8] Public-Private Partnerships and Investments - Public-private partnerships are being utilized to support specific smelters and initiatives [5] - The US government is investing in domestic mineral production to ensure a reliable supply for national defense [9][10] - An example investment is $400 million for 50% of empty materials, framed as an investment in America's defense capabilities [8] International Collaboration - The US is collaborating with countries like Korea, Japan, Australia, the UK, Singapore, and Israel to address global supply chain challenges [6] - The inaugural PAX Silica summit included allies and guests like Taiwan and the OECD, with expectations for more countries, including India, to join [11][12] - The US is engaging with Europe on economic security, noting a growing consensus and opportunities for collaboration [17][24] US-China Relationship - The US aims for a constructive, stable, and positive relationship with China while prioritizing American interests [26] - The US seeks to win the "air race" through innovation and diffusion, expanding compute capacity domestically and exporting technology globally [27][28]

>> BLOOMBERG TECH IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. CAROLINE: THIS IS BLOOMBERG TECH. COMING UP, TECH TRADES LOWER AS AI ANXIETY KICKS OFF THE LAST FULL TRADING WEEK OF THE YEAR.OUR INVESTORS DOUBLING DOWN OR BRACING. WE DISCUSS. PLUS, BIG DEALS AND ADVANCED TALKS TO SPEND BILLIONS ON STARTUPS.A STABLECOIN GIANT ONCE A SOCCER TEAM. WHY TETHER IS BIDDING FOR ITALY'S TEAM. FIRST, A CHECK IN ON THESE MARKETS.MARKETS ARE UP ON THE NASDAQ 100. WE ARE OFF O ...

Why are you doubling down and what is the money being used for. Well, first of all, thanks so much for for having us here. It's a really exciting time for the company we're coming out of this year with a series of research breakthroughs where we've now shown that we can use A.I. to design molecules that we never even thought was going to be possible. So we're really using this money to double down on that research agenda.The models show no signs of of slowing down, and then also really growing the team and ...

The context is companies that take the financial hit, but also states that tried to push back on it. And the latest is that we understand a group of states are actually suing to block this in particular. Do you think that that's going to gain any traction.I do think that it's going to gain traction because what the states are doing that's different than some of the lawsuits that have already been filed is they're making a legal argument based on their specific state economies, which I think is a really impo ...

You provide macro analysis, you provide strategic guidance to global companies on business investment, on economic policy. And what's really interesting is you're sort of telling us and pointing towards your expertise, showing that 2026 is really going to be a prove to me moment, right. For 2025, it's been about picks and shovels and infrastructure.2026 We need the economic upside. We need the productivity gains. Yeah, absolutely.I mean, so far, right, we've had really broad based adoption of AI. About 55% ...

Company Overview - ASML started as a 50/50 joint venture between Philips and ASM International in 1984 [1] - ASML is the sole company capable of manufacturing machines for printing the tiniest circuits on advanced chips [2] - ASML's extreme ultraviolet (EUV) lithography machine costs over $300 million, weighs as much as a Boeing 747, and contains over 100,000 parts [3] Technological Advancement - EUV lithography uses ultraviolet light to etch microscopic patterns onto silicon wafers [4] - EUV machines from ASML are essential for manufacturing the most advanced semiconductors [5] - The industry aims to pack more computing power into less space, aligning with Moore's Law [5][6] Industry Position - ASML's early growth was accelerated by companies like Intel, Texas Instruments, and AMD [2] - ASML is at the center of the global chip supply chain, with firms like NVIDIA, AMD, and Micron designing chips [4] - Foundries like TSMC and Samsung rely on ASML's EUV machines for manufacturing advanced semiconductors [5]

What does it mean for a company like Nvidia or AMD that are making these AI accelerators. What does higha mean for them and the kind of AI chips we're going to get into the future. >> Well, it's been they will be able to put more transistor per unit of area the wafer.So more transistor for AI is great, right. Because this is more computing power or more memory. And the second advantage is that this also reduce the energy consumption.So INA will feed MOS low which require more transistor density and less ene ...

ASML CEO Christophe Fouquet says artificial intelligence investing now resembles an "arms race," but that he sees no bubble in the industry. The Dutch company is Europe's most valuable company, and one of the most important cogs in the global AI supply chain. ASML has a near-monopoly on extreme ultraviolet lithography machines, which are vital for manufacturing advanced chips. Bloomberg's Tom Mackenzie spoke to Christophe Fouquet in an exclusive conversation at the company's headquarters in Veldhoven, the N ...

Does Europe become a consumer of US and Chinese AI or a producer and builder of AI. >> Today I think this is clearly a consumer. If you look at the overall AI ecosystem in Europe, it's very weak in any way you look at it.And you know today there could be a debate about will the US or China win the AI race. I think it's clear who is losing it today. It's Europe. Europe is behind.And it's true with semiconductor, right. If you look at semiconductor basically take our shipment the shipment of our system to Eur ...

You have an annual budget essentially to to invest in and lend to and support the technology industry in the United Kingdom. Why are you in San Francisco, then. What brings you here in San Francisco.Well, look, we're here pitching to us VCs, a really great new growth opportunity for them, which is based on three things. Firstly, as you say, the quality of the UK tech industry for the top ten universities globally producing great research with some really excellent entrepreneurs and the ability to scale busi ...