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AI News from ET - ASML CEO makes case that DeepSeek is positive for chip demand

Vishwadeep Khatri
in AI News & Two Lenses

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Christophe Fouquet said that perceptions of AI spending are skewed by the massive investments being made by "hyperscalers" - companies such as Google, Meta and Microsoft - that are spending billions of dollars to build data centres packed with advanced chips.

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