Reuters
ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech company through the US/China "chip war", while maintaining the group's lead over rivals and managing the current AI boom. Fouquet, whose appointment as CEO was approved at the semiconductor equipment maker's annual meeting on Wednesday, inherits a company that is profitable and dominant in its field, but potential pitfalls abound. Export restrictions imposed by the United States and the Netherlands mean the upper half of ASML's product range cannot be sold in China, one of its biggest markets.