ASML CEO says DeepSeek efficiency unlikely to affect AI demand

ASML logo sign on the building in Veldhoven

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ASML Holdings (NASDAQ:ASML) CEO Christophe Fouquet said the news of DeepSeek developing a large language model more efficiently should not affect chip equipment manufacturers.

ASML shares ticked up nearly 5% by afternoon trading on Wednesday.

Even if LLMs can be

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