ASML Chief Financial Officer: Easing AI Chip Regulations Will Boost Demand

Jin10 data July 16 news, ASML Chief Financial Officer Roger Dassen stated during Wednesday's earnings call that if Washington lifts restrictions on certain artificial intelligence processors, it will be "beneficial for chip demand." This week, NVIDIA announced that it has received assurances from the U.S. government that it will be allowed to export some previously banned chips. NVIDIA's main competitor, AMD, subsequently issued a similar statement. ASML manufactures the world's most advanced chip production machines, and if its sales restrictions are also lifted, it will benefit from higher demand. Trade disputes and global tensions have put pressure on the Dutch company's sales. On Wednesday, ASML retracted its previous growth forecast for next year and noted that tariff risks are one of the key uncertainties.