15 AI News That Broke The Internet This Week

Page 9 of 15

7. ASML Holding N.V. (NASDAQ:ASML)

Market Capitalization: $268 Billion 

ASML Holding N.V. (NASDAQ:ASML) makes and sells advanced semiconductor equipment systems. On November 14, Christophe Fouquet, the CEO of the firm, said during the Investor Day of the company that the ongoing boom in AI computer chips would help ASML by increasing the relative share of advanced logic and memory chips being made, leading to more sales of the company’s best tools. He added that the company expected the chip market to grow 9% annually through 2025, passing the $1 trillion mark around 2030.

Page 9 of 15