The biggest fumble in business ever might be Philips spinning off ASML, TSMC and NXP Philips co-founded ASML in 1984, then co-founded TSMC in 1987, then they founded NXP They sold each of them for short term profits in the 2000s ASML is now worth $545B TSMC is worth $1.76T NXP is worth $50B Philips today is worth just $27B If they'd never sold, Philips would be the largest company in the EU today, worth $650B Philips CEO Cor Boonstra called it "making money with the success of the…