Reported 16 days ago
ASML, the leading supplier of chip-making equipment, announced that while strong investment in AI has boosted its orders to 5.40 billion euros in the third quarter, it anticipates a significant drop in demand from China next year due to U.S.-led export restrictions and a normalization after years of growth. Despite this, CEO Christophe Fouquet noted ongoing positive momentum around AI investments, which are expected to drive demand for both logic and memory chips.
Source: YAHOO