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ASML would like to expand in Veldhoven and the Eindhoven region long term, said the company's financial director, Roger Dassen, at the shareholders' meeting. Investors association VEB asked whether the chip machine manufacturer had enough space to grow in Noord-Brabant or if they have a plan B. "Of course, we have a plan B, but we want to expand here due to what Veldhoven and Eindhoven have to offer," Dassen answered. "The government also recognizes the circumstances we need to grow."

The Eindhoven University of Technology (TU/e) has announced a major new project to 'boost the position of the Netherlands and Europe in the global chip sector.'

The Dutch government has committed to invest EUR 2.5 billion (USD 2.7 billion) on local infrastructure and training to keep ASML from moving abroad.

Operation Beethoven: Dutch 2.5bn-euro charm offensive to keep ASML

The Dutch government is talking with ASML to make sure the Netherlands' largest company doesn't move to another country, or expand overseas.