ASML buys 11% stake in Mistral AI for €1.3 billion

What happened

ASML acquired an 11 percent stake in French AI company Mistral AI for €1.3 billion. This investment makes ASML the largest shareholder in Mistral AI. The deal was finalized on September 9, 2025, as part of Mistral AI’s Series C funding round.

Why it matters

• The partnership aims to integrate AI models into ASML’s semiconductor equipment to improve product performance and speed to market.
• ASML’s investment supports Mistral AI’s development and strengthens a long-term collaboration between the two companies.
• The deal positions ASML to benefit from advances in AI technology while contributing to European technological sovereignty in AI.

Key facts

1. 1. ASML invested €1.3 billion in Mistral AI’s Series C funding round.
2. 2. ASML acquired an approximately 11 percent share in Mistral AI on a fully diluted basis.
3. 3. The investment deal was officially announced on September 9, 2025.