Reported about 1 month ago
ASML's disappointing quarterly earnings have led to a significant sell-off in chip stocks, including Nvidia and AMD, but analysts suggest that this does not indicate a decline in demand for AI chips. While ASML's total order bookings fell short of expectations, generating concerns about broader semiconductor demand, analysts believe the market for AI chips remains robust, with growth projections for the sector outpacing traditional semiconductor sales. The situation highlights a divergence in demand, with AI chips resilient despite challenges in non-AI segments.
Source: YAHOO