ASML CEO sees low-cost AI models like DeepSeek driving more demand newsthirst.
Dutch semiconductor equipment maker ASML expects new low-cost models like the one rolled out by China’s DeepSeek to lead to more — rather than less — demand for AI chips, CEO Christophe Fouquet told CNBC Wednesday. ASML beat estimates on both sales and profit for the fourth quarter and said it had an order backlog…