ASML Anticipates Surge in Orders Due to AI Chip Demand

The semiconductor equipment leader expects significant growth in Q2 orders, driven by the booming AI chip market and key clients like TSMC.

ASML's Q2 order value is projected to reach nearly €5 billion, exceeding expectations.
Demand for AI chips is prompting major manufacturers to expand their production capacity.
The company's new CEO, Christophe Fouquet, will present the results amid ongoing US-China trade tensions.
ASML's advanced EUV lithography systems are crucial for producing cutting-edge chips.
Chinese firms are heavily purchasing older ASML equipment, filling a market gap.