Chips Meet Models: Why ASML Wants a Piece of Mistral
ASML’s Strategic Partnership with Mistral AI and European Tech Sovereignty A Landmark Alliance for Europe’s Tech Ambitions In September 2025, ASML and Mistral AI announced a landmark partnership that immediately grabbed headlines across the tech world. ASML – the Dutch firm whose machines are indispensable for manufacturing advanced chips – revealed it will lead Mistral’s latest funding round with a €1.3 billion investment, securing about 11% ownership in the startup Asml Reuters. The deal catapults Mistral’s valuation to €11.7 billion, making the two-year-old company the most valuable AI startup in Europe Reuters Reuters. This is more than just a cash infusion; ASML
