ASML Holding NV, a leading Dutch semiconductor equipment manufacturer, has recently reported a significant surge in orders, providing reassurance to investors following concerns over China’s DeepSeek AI developments. In its fourth-quarter earnings report, ASML announced net bookings of €7.09 billion, marking a 169% increase from the previous quarter and surpassing analysts’ expectations of €3.99 billion.
This impressive growth in orders indicates sustained strong demand for ASML’s advanced chipmaking tools, despite earlier apprehensions that DeepSeek’s cost-effective AI model might reduce the need for high-end AI chips. ASML’s CEO, Christophe Fouquet, expressed optimism, suggesting that the emergence of low-cost AI models like DeepSeek could actually drive increased demand for semiconductors.
Following the earnings announcement, ASML’s stock experienced a notable recovery. The shares surged by as much as 11% during morning trading, effectively recouping losses incurred during a global tech sell-off earlier in the week. The stock closed 5.6% higher, reflecting renewed investor confidence in the company’s growth trajectory.
ASML’s robust performance underscores its pivotal role in the semiconductor industry and suggests resilience against potential market disruptions posed by emerging AI technologies.
