TechFlow news, according to Jinshi News, after Chinese startup DeepSeek's low-cost AI model shook the market earlier this week, ASML (ASML.O) CEO said he is not concerned about external concerns regarding demand for its chipmaking equipment. "Whoever reduces costs, it benefits ASML—lower costs mean more applications for AI, and more applications mean more chips," he noted. As AI becomes increasingly widespread, AI chips will be everywhere. "We remain very optimistic; this is a significant opportunity, and we can expect an increasing number of participants," he added.
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