ASML sharing rebound, because the order indicates the strong demand for the AI chip manufacturing kit
Free unlocking editor’s abstract
FT’s editor Roula Khalaf chose her favorite story in the weekly news and communication.
CHIP manufacturing equipment manufacturer ASML said the order of the most advanced machine in the last quarter shows that the manufacturer of artificial intelligence processors has increased the capacity this week, which has caused people’s panic in future needs.
ASML headquartered in the Netherlands was caught in the panic of Deepseek’s stock market on Monday and lost the title of the most valuable technology company in Europe. The company also eliminated hundreds of millions of dollars in the value of NVIDIA, Broadcom and other chip manufacturers.
The low -cost technologies used by Chinese companies to create breakthrough new AI models show that major progress can be achieved in a large amount of investment that does not require chips and computing power, such as the XAI programs of Openai, Meta and Elon Musk.
DeepSeek’s focus on efficiency is the reason why the export control driven by USA limits the reasons why China uses ASML devices and NVIDIA’s most powerful chips.
However, the annual results of ASML on Wednesday showed that the demand for equipment such as Taiwan semiconductor manufacturing companies, Intel and Samsung, etc. It needs to produce the cutting -edge chips for customers such as NVIDIA and Apple.
In Wednesday, ASML’s shares increased by 11 %.
ASML said that according to the consensus estimate of Visible Alpha, the net booking in the fourth quarter includes orders that have not been delivered, but the orders that have not been delivered far exceed the expected orders expected by analysts of 4 billion euros. In this number, its “Euid UV Lights” (EUV) machine (its most advanced tool) constitutes an order of 3 billion euros, and is far ahead of analysts’ predictions.
The total net sales in the fourth quarter increased by 24 % to 9.3 billion euros, while the group’s net income was 2.7 billion euros, slightly higher than estimates.
ASML CEO Christophe Fouquet said the strong demand for AI chip production capacity is offset the original tedious semiconductor market.
He said: “The growth of artificial intelligence is a key driving force for the growth of our industry.” “It has changed the market dynamic transformation, which does not benefit all our customers in equal. Within the scope of income in 2025.
Although the prediction of sales in the first quarter was 7.5 billion euros-before analyst estimation, ASML did not change its early guide, that is, the income of 2025 was between 3.0 billion euros and 3.5 billion euros.
ASML’s largest customer TSMC said this month that it plans to increase the capital expenditure this year to 3.8 billion to 40 billion US dollars, an increase of more than 30 %, because it is expected to have an annual growth rate of 45 % in the next AI chip revenue of 45 %. Five years Essence
STIFEL analyst said in a report to customers on Wednesday that the rise of ASML in EUV booking is “today is a positive surprise. Given the latest negative news processes of Intel and Samsung”, they have been working hard to compete with TSMC to extract chip chips Production.
