Top computer chip equipment maker ASML has reported fourth-quarter bookings of 7.09 billion euros ($7.39 billion) that far exceeded expectations, as a boom in AI drove demand for the company’s most advanced equipment.
The large order influx may reassure investors in ASML and other chip stocks that AI chip prospects remain healthy, despite a selloff this week sparked by the release of DeepSeek’s model, which uses less computing power than
