YouSaid · the spoken record

Christophe Fouquet

lines on the record: 11
first: 2025-02-07
most recent: 2025-02-07
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“And you know, when I became the CEO of SML, when people asked me to become the CEO of SML, this was one of the two questions I really had. The question was really, if I'm going to do that, can I really bring something? This company is great. We had Peter, Martin before, they have done something extraordinary, even intimidating for most people. So if I do it, am I going to do something that could be really good? And it was very important for me to be able to answer yes to that question in all honesty, but very fundamentally. I think for me that when you don't have to prove anything anymore, I think it's very liberating. So I wish everyone that this come as early as possible in their career. And then you have more space basically to really think about what can I do to be useful or what can I do to help.”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“There is a time in your career. I think you have to be honest. I think the first part of your career is about proving yourself. I think I truly believe that. And I truly believe that because I still remember the day I felt I was down with that. There was a day I say, okay, I think I have proven what I wanted to prove to myself, maybe to my friends, my family. And then you look forward to say, okay, what's next? And I think what's next after that is okay, what can I do to help? And where is the place where I can do something that matters, that can really help?”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“Sense for us, but we only can do that if we have the infrastructure, if we have the energy, if we have all those things. So the reason why you have less company in Europe than maybe other places of the world is because those things today are just more difficult. And, you know, Mario Draghi just published a report in Europe, which I think described that very nicely. And now what's important is to have the political will to reinvest in the future and basically create opportunity. I think that's very, very important.”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think it's a very tough question in Europe. And, you know, if you knew the amount of time we spent having this exact same discussion You know, I already touched on some of that. I talked about flexibility. I talked about cost. This is very important. I think access to capital is also very, very critical. You need to be able to invest. I think today access to capital is a lot stronger in the US than it is in Europe. I think you know that very well, right? But a lot even of the capital usually being used to invest in Europe come from the US. So that's something people underestimate that's very important access to resources to electricity, power, the price of the power, all of that are very, very important things. And you see a lot of those debates happening today in Europe. These are discussions we're having, of course, with our government. We made a decision to extend ourselves in the Netherlands because that makes”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“You are of less ability to do RD except if your cost increase. If you are limited in geographic area to produce things cost could also go up. I think we're all very much aware that, for example, that when it comes to manufacture of chips, the US, Europe are a lot more expensive than Asia. That also most probably slowed down a bit the innovation because again we used to have this very open ecosystem and this may be also a question. So this makes things of course a bit more difficult or potentially a lot more difficult depending on how far you push basically the decoupling model. It's very fundamental”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“You can basically use the revenue of more advanced product that you have developed a few years before to fund the development of more advanced ones. So you had this balance, which I think is a bit being put in question. So this requires quite some adjustment. And I think We see two main risks on that. The main one is cost, you know, because if you get less revenue,”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think there are many, many implications because we went to form a ward where we were looking at very, very open collaborative award. I think the idea a few years ago was that we are going to do business everywhere. Everyone can work with everyone. And this has supported, I would say, the development of our industry quite significantly because every part became important. And we go from that view of the world to a view of the world where people more and more are looking at potentially decoupling things. And this change, of course, everything, because the way this industry was designed, the way this industry has developed was based on the previous rules. It was based on a completely open market. It was based on the idea that”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, this is what our AI people want, right? This is what the AI company wants. Now, the problem with that today is that if we were to go on this path, cost is an issue. And as you know, of course, energy consumption is an issue. So that demand has to be, I would say, fulfilled through major innovation in our industry. Major innovation in logic, again, Intel, TSMC, Samsung, in memory. So you hear a lot about high bandwidth memory today, but also major innovation in our domain in lithography to continue to basically enable our customer to get that type of density. This is why you talked about our latest equipment before, but this is why we continue basically to innovate and bring basically the Ability to get more and more transistor per unit area with better lithography machines.”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“So EUV refers to the light, the type of light we are using basically on those lithography machines. UV means you drive or late, and this is a very, very short wavelength. We're talking about 13.5 nanometers. So you look at a very, very small wavelength. And in lithography, the smaller the wavelengths, the smaller the feature you can print. So EUV is the light. And the reason why a lot of people talk about EUV is because being able to create that light in sufficient amount to industrialize a tool with it has been a challenge of many, many years.”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“What we produce in SML are lithography system. Lithography system basically is a very important system in the entire semiconductor process because this is a system that is going to print the image of the electronic circuit he wants to get on a chip. So if you want printing whatever our customer wants to realize. So this is what we have been doing for the last 40 years pretty much.”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source
“Thank you very much, Nikolai. It's a very great pleasure to be with you today. And I'm very much looking forward to a great discussion about this great industry.”
2025-02-07 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Christophe Fouquet - CEO of ASML · IDENTIFIED FROM THE TRANSCRIPT · source