ASML Chief Executive Officer Peter Wennink has voiced his concerns that the United States' tariff policies and chip export restrictions have not only heightened economic uncertainty but also diminished the likelihood of establishing chip factories within US borders. These measures, he noted, have adversely impacted the global supply chain and hindered advancements in cutting-edge technologies, including artificial intelligence. Wennink emphasized the importance of fostering innovation over stifling competition, highlighting China's independent pursuit of developing lithography equipment.