WS #15834
ASML's CFO has confirmed that demand for its advanced chipmaking machines will exceed supply in both 2027 and 2028, driven by sustained AI infrastructure build-outs. This outlook reinforces the bullish thesis for the semiconductor equipment sector, suggesting that the AI capex cycle is far from peaking. However, this positive demand signal is partially offset by ongoing US export restrictions on DUV technology to China, which create uncertainty for a significant portion of the global market.
ASML AI Demand and Chip Supply
ASML's CFO has confirmed that demand for its advanced chipmaking machines will exceed supply in both 2027 and 2028, driven by sustained AI infrastructure build-outs. This outlook reinforces the bullish thesis for the semiconductor equipment sector, suggesting that the AI capex cycle is far from peaking. However, this positive demand signal is partially offset by ongoing US export restrictions on DUV technology to China, which create uncertainty for a significant portion of the global market.