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Dutch lithography giant asml holding maintains sales expectations for 2030, betting on strong demand growth for ai chips.
ASML Holding, an advanced chip manufacturing equipment company in the Netherlands, maintains an optimistic long-term revenue outlook, as the company bets on the strong growth in semiconductor demand being driven by artificial intelligence (AI). The company announced on Thursday that it expects sales in 2030 to be between 44 billion euros (46 billion US dollars) and 60 billion euros, consistent with previous forecasts. ASML is the world's only lithography manufacturer, and these lithography machines help semiconductor companies produce advanced chips used in Apple smartphones, Nvidia AI accelerators, etc. Therefore, ASML is often seen as a bellwether for the entire industry and an early indicator of global semiconductor demand.
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