ASML CEO Jos Versteeg has cast doubt on the technological standing of Europe's newest semiconductor manufacturing facility, stating that the plant is not as modern as its promoters claim.

The comments from the Dutch lithography giant's chief executive underscore growing skepticism regarding the pace and quality of the European Union's efforts to build a self-sufficient chip industry.

Versteeg's assessment comes as the EU continues to invest heavily in semiconductor sovereignty, aiming to reduce reliance on Asian supply chains.

However, industry leaders are increasingly vocal about the challenges of matching the rapid innovation cycles seen in the US and Asia.

The Delft-based facility, often touted as a cornerstone of Europe's tech strategy, faces scrutiny over whether its equipment and processes can keep pace with global leaders.

The remarks add to a broader narrative of divergence between market enthusiasm for technology narratives and concerns over the structural viability of European industry.