ASML CEO: Efficient AI Models Fuel Chip Demand, Despite Market Fluctuations
ASML's CEO, Christophe Fouquet, believes that the emergence of advanced AI models, such as DeepSeek, bodes well for the chip market overall.
Fouquet acknowledges that hyperscalers' substantial investments in AI infrastructure may skew perceptions. However, he emphasizes that the demand driven by applications utilizing AI is significant.
ASML's recent earnings report showcases robust bookings driven by AI demand. Fouquet predicts that AI adoption in various applications, ranging from smartphones to autonomous vehicles, will propel chip requirements.
Addressing DeepSeek's AI launch, Fouquet believes it could potentially lower chip costs for mass-market adoption. Cost reductions are crucial for AI to reach wider applications beyond hyperscalers.
Analyst Sara Russo concurs with Fouquet's assessment. She notes that ASML is a key player in the supply chain, and the impact of AI on chip demand is still evolving.
ASML closely monitors AI developments and their potential effects on chip workloads and manufacturer demand. The company's robust bookings position indicates sustained confidence in the growth trajectory driven by AI innovation.