That seems like 20% true. The US had a brief EUV program ("EUV LLC") in the late 90s - it wasn't much compared to how much difficult, risky, and expensive development obviously still needed to be done afterwards. The EU also has basic semiconductor research, notably IMEC.
I have also seen that claim in a YouTube video by "Asianometry" and I wonder what the original source of that apparent misinformation is.
