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ASML CEO sees low-cost AI models like DeepSeek driving more demand — not less
Without addressing the specifics of DeepSeek’s model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI chips.
ASML CEO makes case that DeepSeek is positive for chip demand
Computer chip equipment maker ASML's CEO on Wednesday made the case that the advent of efficient AI models such as one China's DeepSeek has launched is a net positive for chip markets. Christophe Fouquet said that perceptions of AI spending are skewed by the massive investments being made by "hyperscalers" - companies such as Google,
ASML CEO says DeepSeek efficiency unlikely to affect AI demand
CEO Christophe Fouquet said the news of DeepSeek developing a large language model more efficiently should not affect chip equipment manufacturers. ASML shares ticked up nearly 5% by afternoon trading on Wednesday.
ASML CEO optimistic over DeepSeek
ASML Holding NV (AS:ASML)'s Chief Executive Officer, Christophe Fouquet, has expressed optimism despite the recent market disturbance caused by DeepSeek, a Chinese startup. Earlier this week, DeepSeek's low-priced chatbot caused a stir in the markets.
1h
on MSN
CEO of Europe's biggest chip supplier ASML is not worried about China's DeepSeek; says it's American companies like Google, Microsoft who ...
Europe's largest chip supplier ASML views the emergence of China's DeepSeek as a positive, despite initial market jitters.
4d
on MSN
Why ASML Stock Jumped Today
ASML's shares rose by more than 7% today and were up by 4.1% as of 11:03 a.m. ET.
Cyprus Mail
1d
Dutch chip firm ASML sees flood of orders amid AI boom
Top computer chip equipment maker ASML has reported fourth-quarter bookings of 7.09 billion euros ($7.39 billion) that far exceeded expectations, as a boom in AI drove demand for the company's most ...
4d
on MSN
Watch CNBC's full interview with ASML CEO Christophe Fouquet
CNBC's Arjun Kharpal speaks to the ASML CEO on the company's earnings, AI growth and competition with Chinese players.
techzine
3d
ASML soon to deliver high-NA-EUV machine for mass production
ASML will deliver the first high-NA-EUV chip production machine for mass production in the coming months. This slightly ...
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ASML
DeepSeek
Artificial intelligence
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