CNBC International’s Post

ASML Sees Massive Orders for Chip-Making Tech! ⤷ Order Boom: ASML is riding high with a spike in orders for their cutting-edge semiconductor machines. ⤷ Stock Surge: Shares jumped 11% after they revealed €7.1 billion in Q4 net bookings, smashing what analysts thought possible. ⤷ AI to the Rescue: CEO Christophe Fouquet credits AI's growth for fueling demand, even in a sluggish chip market. 🔗 Read More: https://lnkd.in/eefA8K7j 🔗 Stay Plugged In: Don't miss out, get updated by following Botcom

Dutch semiconductor equipment maker ASML expects new low-cost models like the one rolled out by China's DeepSeek to lead to more — rather than less — demand for AI chips, CEO Christophe Fouquet told CNBC Wednesday. ASML beat estimates on both sales and profit for the fourth quarter and said it had an order backlog of roughly 36 billion euros ($37.4 billion) at the end of 2024. The news prompted a jump in the firm's shares as investor fears that DeepSeek's model could cool semiconductor spending ebbed. Without addressing the specifics of DeepSeek's newly revealed R1 model — which took the tech world by storm with performance benchmarks rivalling leading U.S. players at a fraction of the cost — Fouquet said that he sees no sign of a slowdown in demand for AI-focused chips.

Taiwan chip giant TSMC’s profits surge on AI demand – ET Auto TSMC’s projects in Arizona have faced some obstacles in the past year, which the company had attributed to a lack of human resources, as making microchips requires a highly specialised skillset. Taiwanese semiconductor giant TSMC announced Thursday a nearly 9% increase in net profits in the first quarter of 2024, buoyed by global demand for https://lnkd.in/dac5G3TZ

TSMC reports record quarterly profits, driven by AI demand, while navigating U.S. export controls and expanding globally to secure its leadership in semiconductor manufacturing.Taiwan Semiconductor Manufacturing Company (TSMC) has announced record-breaking quarterly profits, fueled by surging demand for advanced chips used in AI applications. #AI #exportcontrols #financialperformance #globalexpansion #manufacturing #semiconductors #technology #TSMC

ASML has announced a bullish outlook for sales growth through 2030, driven by increased demand for AI technology. The company expects its sales growth to average between 8% to 14% annually over the next five years. ASML's CEO, Christophe Fouquet, highlighted that AI chips are projected to grow rapidly, comprising 40% of the global chip market by 2030. ASML advanced EUV tools are crucial for manufacturing cutting-edge logic and memory chips needed for AI, benefiting companies like TSMC, which produces AI chips for NVIDIA. ASML is restricted from selling its EUV and most DUV equipment in China due to U.S. and Dutch government curbs, with expected China sales dropping to 20% of total sales. Despite a Q3 earnings miss, ASML's long-term revenue forecast remains unchanged, with expectations of 44-60 billion euros by 2030. Read more: https://lnkd.in/eDMXRhNj #ai #artificialintelligence

Taiwan's TSMC says net profit rose 57% in fourth quarter Taipei (AFP) – Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology https://lnkd.in/g2t7S-m4

If you still wonder how strategically important AI as an asset is on the world stage, perhaps this would convince you. ASML Holding and Taiwan Semiconductor Manufacturing Company (TSMC)are two of the most valuable companies in the world because of their absolute dominance in being able to make advanced semiconductors. US has sanctioned and restricted the supply of their wares to China. They have signaled, to assuage obvious concerns on part of the US, that they have ways to disable the world’s most sophisticated chip-making machines in the event that China invades Taiwan. The stakes are high, with around 90 per cent of the world’s most advanced chips made in Taiwan and the US Congress has recently approved $8 billion to bolster the island's defences. Computing capability, AI and semiconductors are at the very center of this new Cold/Hot war between the two powers. #tsmc #ai #asml #ml #machinelearning #techpolicy #techlaw #technology #tech #tech4good #relations #foreignpolicy #US #China

ASML reported a surge in orders for its advanced chip manufacturing machines The company's shares rose by 11% after announcing fourth-quarter net bookings of €7.1 billion, surpassing analyst expectations. ASML's CEO, Christophe Fouquet, said AI growth is driving industry demand, despite a generally weak semiconductor market. Read more: https://lnkd.in/eefA8K7j Subscribe to the Daily AI Brief: https://lnkd.in/eVzkMs6W #ai #artificialintelligence #ainews #aichips