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AI News from ET - ASML CEO sees tight supply in booming chip market as AI demand soars

Vishwadeep Khatri
in AI News & Two Lenses

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The global chip market faces a prolonged period of tight supply. Demand from artificial intelligence, satellites, and robots is surging. ASML's CEO states this will create a supply-limited market for some time. New technologies and massive projects like Elon Musk's TeraFab will drive this demand. Chipmakers are increasing production to meet these needs.

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