CEO of Dutch chipmaker ASML on why DeepSeek’s R1 model is ‘good news’ for AI
ASML CEO Christophe Fouquet expressed optimism for the AI sector despite market disruptions from new Chinese AI startup DeepSeek. Fouquet noted the inevitability of emerging competitors and highlighted the long-term benefits of falling AI costs, which would enhance AI adoption and boost demand for advanced chips produced by companies like ASML.
ASML CEO Christophe Fouquet expressed optimism for the AI sector despite market disruptions from new Chinese AI startup DeepSeek. Fouquet noted the inevitability of emerging competitors and highlighted the long-term benefits of falling AI costs, which would enhance AI adoption and boost demand for advanced chips produced by companies like ASML.
