The Dutch semiconductor equipment maker ASML confirmed on Tuesday that it's made a €1.3 billion investment into France's generative AI champion, Mistral, giving a boost to European tech sovereignty goals.

The news of ASML taking an 11% stake in Mistral was confirmed in an announcement by the pair on Tuesday which framed the investment as a "strategic partnership".

ASML called the collaboration a way "to generate clear benefits for ASML customers", saying it will "explore" use of Mistral's AI across its product portfolio. It also highlighted "potential for joint research to address future opportunities."

The decades-old Dutch company puts Europe in a critical position in the global semiconductor supply chain market, as ASML is a key supplier to chipmakers.

While the two-year-old Frenc

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