Chip equipment giant ASML seeks to double size amid booming demand, but faces growth limits in Netherlands

ASML is the Netherlands' largest company and a major supplier to chipmakers globally. It says it needs to double in size over the next decade to meet demand.

But ASML faces challenges growing in the Netherlands due to issues like attracting foreign talent, building permits, grid capacity, transportation, and having infrastructure to support growth.

ASML's CEO met with the Dutch Prime Minister but big issues like staffing can't be fully resolved since the government is in caretaker status after recent elections.

Anti-immigration parties did well in the elections and parliament has already moved to cap foreign students and scrap a tax break that helps attract skilled migrant workers, which ASML opposes.

The economy minister says the caretaker government is looking for alternatives to the controversial tax break for foreign workers, but it's unclear if it could be restored given voter opposition.