ASML chief says AI hardware needs will stay higher than what factories can produce, easing fears of an AI spending bubble.
NoteBy OossaPublished by Oossa: 1 min read
ASML’s CEO told investors that demand for AI‑focused chips will be higher than the supply of new machines for the foreseeable future. The comment followed ASML reporting profits well above analysts’ forecasts, which lifted its share price. He said the gap between demand and supply should calm worries that AI spending is in a bubble.
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