ASML CEO Christophe Fouquet says demand for AI-focused chips remains steady despite concerns about new Chinese model, with new low-cost models expected to boost chip demand further. Fouquet dismisses worries that DeepSeek’s groundbreaking R1 model could slow down chip demand, instead highlighting its potential to fuel broader adoption of cost-effective AI solutions across various industries. With hyperscalers investing heavily in AI and GPU infrastructure, the arrival of cheaper alternatives like DeepSeek’s models is reshaping the semiconductor market landscape. Fouquet emphasized that AI’s growth hinges on its ability to lower costs and improve energy efficiency, positioning it as a critical driver for future technological advancements. Meanwhile, semiconductor companies like ASML are bracing for potential shifts in demand as these new models roll out across the industry.
Source: https://www.cnbc.com/2025/01/29/asml-ceo-sees-low-cost-ai-models-like-deepseek-driving-more-demand.html