💨 Abstract

ASML, a computer chip equipment manufacturer, is optimistic about sales growth over the next five years due to increasing demand for AI technology. The company's CEO, Christophe Fouquet, expects a 8-14% sales growth rate. The global chip market is predicted to grow 9% annually through 2025, with AI chips comprising 40% of the total, benefiting ASML as it produces advanced EUV products.

Courtesy: theprint.in