CEO Michael Mertin from manufacturer of IC substrates and circuit boards AT&S is pictured during an interview in Leoben, Styria, Austria, on August 11, 2026. Nestled in the wooded hills of Austria's Styria region, the town of Leoben oozes tradition with its pastel-coloured buildings and quaint central square boasting a 13th-century church. Yet on the edge of town, engineers peer through giant magnifying glasses and automated robotic arms move sheets of copper to develop components used in some of the world's most advanced AI systems. (Photo by KERSTIN JOENSSON / AFP via Getty Images)