ASML rides Nvidia's coattails with lasers and huge chip 'printers'
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AMSTERDAM, Jan 27 (Reuters) - As artificial intelligence firms jostle for the Nvidia chips needed to power the AI boom, Dutch firm ASML has carved out a key niche in the supply chain: building the laser-using machines needed to print them. ASML, which counts Taiwan's TSMC and Intel amongst its clients, makes the huge precision machines needed to print the minuscule circuitry onto silicon chips, dominating the market for the high-end microprocessors needed for AI.
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AMSTERDAM, Jan 27 (Reuters) - As artificial intelligence firms jostle for the Nvidia chips needed to power the AI boom, Dutch firm ASML has carved out a key niche in the supply chain: building the laser-using machines needed to print them. ASML, which counts Taiwan's TSMC and Intel amongst its clients, makes the huge precision machines needed to print the minuscule circuitry onto silicon chips, dominating the market for the high-end microprocessors needed for AI.