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The Dutch chipmaking powerhouse — traded on both Euronext Amsterdam and Nasdaq New York — framed the deal as a historic crossover between semiconductors and artificial intelligence.

“ASML is proud to enter a strategic partnership with Mistral AI and to be lead investor in this funding round,” said Christophe Fouquet, ASML’s chief executive. “This collaboration aims to deliver clear benefits for our customers through AI-enabled innovations and opens the door to joint research for future opportunities.”

Backed by U.S. investment giants Capital Group Cos. and BlackRock Inc., ASML said the pact is the first partnership of its kind between a semiconductor equipment maker and a leading AI firm.

Mistral’s AI Edge

Founded to push the limits of autonomous technology, Mistral AI develops agentic AI assistants and autonomous agents designed to help businesses streamline operations and decision-making.

“This investment unites two technology leaders in the same value chain,” said Arthur Mensch, CEO of Mistral AI. “We aim to support ASML and its partners in solving today’s and tomorrow’s engineering challenges through AI, while advancing the entire semiconductor and AI ecosystem.”

Strategic Power Play

As part of the deal, ASML will take a seat on Mistral’s strategic committee, giving the Dutch company an influential voice in shaping the AI startup’s direction. The role will be filled by Roger Dassen, ASML’s chief financial officer, who will now double as a strategic advisor within Mistral.

Looking Ahead

By linking forces, ASML and Mistral are positioning themselves at the intersection of two of the world’s most transformative technologies: AI and semiconductors. The partnership not only secures ASML’s foothold in the rapidly expanding AI landscape but also promises to accelerate breakthroughs for chipmakers and industries worldwide.