ASML (ASML NA) CEO sees tight supply in booming chip market as AI demand soars, according to Reuters

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ASML (ASML NA) CEO sees tight supply in booming chip market as AI demand soars, according to Reuters

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  • ASML CEO says there would likely be sporadic bottlenecks throughout the supply chain of the chip market which could hit USD 1.5tln by 2030.
  • "Demand on AI is coming so strongly that we will be in a supply-limited market for quite a while," citing plans like Musk's huge proposed "TeraFab" AI plan and Starlink satellites as potentially driving another bout of demand.
  • The co. is increasing output and productivity of its tools as it aims to keep up with new tech on the way. 

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