ASML (ASML) stock rose 5% early Wednesday after the Dutch semiconductor equipment company posted better than expected fourth quarter earnings and its CEO dismissed concerns that DeepSeek’s latest breakthrough would hurt demand for AI chips.
ASML invented the technology required to make the world’s most advanced artificial intelligence chips and is the only manufacturer of the complex machines — the latest version of which costs nearly $400 million — that use its EUV lithography…
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https://finance.yahoo.com/news/asml-stock-rises-after-earnings-beat-as-ceo-says-deepseek-will-drive-ai-chip-demand-higher-134704766.html