You'll Never Guess What This Leading Chip Company's CEO Said About DeepSeek's Massive AI Breakthrough

DeepSeek sent shockwaves through the AI investing world recently when it announced that it trained its AI model for just $5.6 million. As a result, many investors were worried that the entire AI support industry could come crashing down. They assumed that there wouldn't be as much demand for chips or tools to make chips because the models were going to become more efficient.However, one of the most critical machine providers in the chip manufacturing business is even more bullish on the industry after DeepSeek's R1 launch. This CEO is Christophe Fouquet, head of ASML (NASDAQ: ASML), and his company may be the most critical in the chip value chain.ASML makes lithography machines that etch the microscopic electrical traces on a chip. Without ASML, none of the cutting-edge chips produced today would be possible. ASML is the only company in the world capable of manufacturing extreme ultraviolet (EUV) machines, giving it a rare technological monopoly. It will be nearly impossible to catch or duplicate what ASML has achieved, as it represents billions of investment dollars and decades of research to get to where it is now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool