$Lam Research (LRCX.US)$ ASML up 3.7% premarket, this will f...
$Lam Research (LRCX.US)$ ASML up 3.7% premarket, this will follow.
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Money Thrill : indeed, in Europe 34 € up to 662 € following good news from several Institutions ... Chip machine manufacturer ASML expects that turnover in the global chip industry will grow to more than 1 trillion dollars by 2030, equivalent to almost 950 billion euros. Turnover is mainly driven by demand for chips for artificial intelligence (AI) applications.
The Veldhoven-based company updates investors and shareholders about its longer-term strategic plans. ASML also says it will maintain its forecast for its own turnover in 2030 between 44 billion and 60 billion euros, with a gross profit margin of 56 to 60 percent.
In a statement, ASML said the longer-term prospects for the chip industry remain "promising" and that AI offers a "significant opportunity" for the sector. In the period 2025-2030, the AEX company predicts annual growth of the global chip market by approximately 9 percent.