The artificial intelligence boom is a two-edged sword for $290 billion ASML . Shares in the Dutch maker of lithograph machines used to make chips soared by 8% on Wednesday thanks to booming demand from semiconductor manufacturers such as TSMC .
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.
Data from Meta's AI model also appears to have been used in DeepSeek. Chinese e-commerce giant Alibaba Group Holding Ltd – ADR (BABA) has introduced an AI model that is better than both OpenAI's model and DeepSeek's model.
An analysis of the latest developments in the AI compute industry, including ASML's potential for growth and the impact of President Trump's
DeepSeek challenges OpenAI with drastically cheaper models, prompting discussions on the viability of proprietary versus open-source AI efforts.
ASML stands to benefit from the billions of dollars ... That came on the heels of OpenAI, SoftBank Group Corp. and Oracle Corp. announcing a $100 billion joint venture called Stargate to build ...
ASML shares jump 9% as strong chip orders ease AI spending fears. Traders eye semiconductor stocks as demand for high-end chips remains resilient.
ASML surges as Q4 bookings soar on AI demand, China sales to see 'normal ratio' in 2025. Microsoft said to be probing if DeepSeek improperly used OpenAI data. SoftBank to invest in Skild AI.
Shares in the Dutch semiconductor company were the number one trending ticker in pre-market trading as it reported better than expected fourth-quarter bookings, on strong demand for its advanced tools.
Nvidia closed higher on Tuesday as some investors seized an opportunity to buy the chip giant at a discount following its record wipeout on Monday.
ASML suffered losses during a global tech sell-off earlier in the week after the rollout of DeepSeek's R1 reasoning model, which claims to undercut OpenAI on both cost and performance. Dutch ...