ASML Holding NV Chief Executive Officer Christophe Fouquet said European countries like the Netherlands must not restrict inbound migration if they want to remain competitive in key industries.

The CEO of leading computer chip equipment maker ASML said on Tuesday he expects that 2026 will be a growth year for the company and that the U.S. government will continue to push for further restrictions on its exports to China.

The Dutch firm has a monopoly on making the lithography machines that help the world’s largest semiconductor foundries produce advanced chips.

ASML Holding NV Chief Executive Officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the Dutch producer of chipmaking machines.

The CEO of leading computer chip equipment maker ASML said on Tuesday he expects the United States government will continue to push for further restrictions on its exports to China. Christophe Fouquet