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Science

Bruno Le Maire no longer advising ASML, company says

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By Nathan Vifflin

(Reuters) -France’s former finance minister Bruno Le Maire is no longer an advisor at ASML, a spokesperson for the Dutch chip equipment maker told Reuters on Monday.

Le Maire, who was poised to become defence minister in the latest French government that collapsed just hours after being appointed on Sunday, had been named as a special advisor to ASML’s executive board in 2024.

During his time with the company, Le Maire had advised its executives on investments to reinforce Europe’s chips ecosystem. ASML is the world’s biggest maker of equipment used by chip manufacturers.

In September, it became the largest shareholder of French startup Mistral AI, investing 1.3 billion euros ($1.5 billion) in the AI firm’s 1.7 billion euro fundraising round.

ASML declined to comment on whether Le Maire could return after the collapse of the new cabinet.

($1 = 0.8571 euros)

(Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi-Prussak)

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