ASML's Expectations Surge with AI Chip Boom
Tuesday, 16 July 2024, 05:06
ASML's Expectations Surge with AI Chip Boom
ASML, the leading provider of equipment to chip makers, expects a surge in new orders driven by the growing demand for AI chips.
Market Demand and Orders Outlook
- ASML is poised to benefit from the market demand for AI chips
- Second-quarter results to reveal the influx of new orders
- Customers expanding capacity to meet the demand
Analysts anticipate an upgrade in guidance as major chip manufacturers are likely to accelerate equipment purchases.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.