ASML

Any news that reduces costs is good news for ASML, Christophe Fouquet, CEO of Dutch lithography maker ASML Holding NV, said at a press conference Wednesday. The launch of a low-cost chatbot by Chinese startup DeepSeek has caused volatility in the market, but Fouquet believes it has opened up more opportunities for ASML. Lower costs mean that AI can be used in more applications, and more applications mean the need for...