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The Economic Times
The Economic Times

ASML CEO sees tight supply in booming chip market as AI demand soars

The booming global semiconductor market will be "tense" with tight supply for the foreseeable future, the head of chip-making machine giant ​ASML told Reuters, with demand from AI, satellites and ​robots outpacing what the industry can produce.

In a rare interview on the sidelines of a tech event ​in Antwerp, ASML Chief Executive Christophe Fouquet said that there would likely be sporadic bottlenecks throughout the supply chain of the chip market which could hit $1.5 trillion by 2030.

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