ASML says AI demand will exceed chip-tool capacity through 2028 - Reuters — SkimNews
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- ASML said AI-driven demand will outstrip its chip-tool manufacturing capacity through 2028, with order interest already extending out to 2030
- ASML reported profits that smashed expectations, yet chip stocks slumped and the sector decline deepened in the days after the earnings print, per Barron's
Why it matters: ASML's capacity shortfall through 2028 locks in a multi-year order backlog and pricing leverage for the sole supplier of advanced EUV lithography machines, but the Barron's headline flags a paradox the dominant 'AI boom' framing misses: even a blockbuster ASML quarter couldn't lift related chip stocks, suggesting sector-wide selling pressure is overriding company-specific strength.
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