ASM snubs Europe, invests €300 million in the United States.

ASM, formerly known as ASMI, has unveiled ambitious plans for a new research campus in Phoenix, Arizona. With the support of American investments, the company aims to expand its workforce to 1,200 employees in the United States, marking a significant increase from its current count of 800. The announcement of this approximately 300 million euros investment was made in the presence of Dutch caretaker Prime Minister Mark Rutte and […].

The Dutch semiconductor equipment manufacturer, ASM, is setting its sights on growth and innovation with its proposed research campus in Phoenix. This development comes as part of the company’s strategic plan to strengthen its presence in the United States and tap into the country’s thriving technology industry.

By establishing a larger footprint in Arizona, ASM intends to leverage American investments to drive its expansion efforts. The company aims to bolster its workforce to an impressive 1,200 employees, reflecting a substantial increase from the current level of 800. This planned growth demonstrates ASM’s commitment to fostering technological advancements and creating high-quality job opportunities in the region.

The investment injection of approximately 300 million euros underscores ASM’s long-term vision for growth and leadership in the semiconductor market. By harnessing the power of partnerships and capitalizing on the conducive business environment in the United States, the company envisions expanding its research capabilities, driving innovation, and further enhancing its global competitive edge.

The decision to establish the new research campus in Phoenix holds multiple advantages for ASM. The city’s strategic location within the technological hub of Arizona provides access to a dynamic talent pool, renowned academic institutions, and a supportive ecosystem for advanced research and development. Furthermore, Phoenix offers favorable business conditions, including tax incentives and infrastructure, which will facilitate ASM’s operations and contribute to its success.

The presence of Dutch caretaker Prime Minister Mark Rutte at the announcement signifies the importance of this investment both for ASM and the Netherlands. It underscores the government’s commitment to supporting Dutch companies’ international expansion and reinforcing the country’s position as a global leader in technology and innovation.

ASM’s plans for a new research campus in Phoenix, combined with its ambitious goal of expanding its workforce in the United States, set the stage for an exciting chapter in the company’s growth trajectory. Through strategic investments and collaborations, ASM aims to spearhead breakthroughs in semiconductor technologies and contribute to the advancement of the industry worldwide.

In conclusion, ASM’s announcement of its intentions to establish a research campus in Phoenix, Arizona, and expand its workforce in the United States showcases the company’s dedication to innovation, growth, and global leadership in the semiconductor market. With the support of American investments and favorable business conditions, ASM is poised to make significant strides towards achieving its goals and solidifying its position at the forefront of technological advancements.

Isabella Walker

Isabella Walker