AI and China's chip demand keep ASML equipment orders thriving

Digitimes
By Jay LiangJul 17, 2024, 3:40 am246 pts
By the end of the first quarter of 2024, Dutch semiconductor equipment giant ASML had a backlog of orders totaling EUR 38 billion (US$ 41.4 billion). This means that ASML needs EUR 4-6 billion in new orders each quarter to meet the upper limit of its projected 2025 sales, which are expected to reach between EUR…

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