ASML CEO Christophe Fouquet says cheaper AI “could mean more applications” and “more demand over time”, and “cost and energy” are the big issues to address
not less r/AMD_Stock : ASML expects new low-cost models like the one rolled out by China's DeepSeek to lead to more rather than less demand for AI chips, CEO Christophe Fouquet told CNBC Wednesday. r/technology : ASML CEO sees low-cost AI models like DeepSeek driving more demand
$ASML CEO on DeepSeek vs OpenAI: “You cannot have an industry with this amount of opportunity without the key player being, I would say, challenged. You will see a lot more of these discussions happening in the next few months or years. So, if I make it short...it's good news”
Fouquet: “This was primarily driven by additional upgrades. We also recognized revenue on two High NA EUV systems. We shipped a third High NA EUV system to a customer in the fourth quarter.”
The ASML CEO is a very candid one: “We constantly make mistakes here; that's the only way to progress and learn. You wouldn't believe how many f**k-ups are needed to make the most complex machine in the world.”
ASML is one of the most important tech companies right now. I spoke to its CEO today in a wide-ranging interview talking about: - DeepSeek and impact on AI infrastructure spending - China and geopolitics - China's chip progress Full interview: https://www.cnbc.com/...
$ASML CEO: “For AI to succeed, cost has to go down and energy efficiency has to go down...And I can promise you that in our industry, any innovation that has ever reduced cost always created more volume and more opportunity”
Fouquet: “Our fourth-quarter was a record in terms of revenue, with total net sales coming in at €9.3 billion, and a gross margin of 51.7%, both above our guidance.”
ASML expects new low-cost models like the one rolled out by China's DeepSeek to lead to more rather than less demand for AI chips, CEO Christophe Fouquet told CNBC Wednesday.