ASML CEO sees low-cost AI models like DeepSeek driving more demand for AI chips
ASML CEO Christophe Fouquet stated in an interview with CNBC that despite not delving into the specifics of DeepSeek's model, he foresees a continuous surge in the market demand for AI chips. The Dutch semiconductor equipment giant, ASML, anticipates that the introduction of affordable models like the one unveiled by DeepSeek in China will actually boost the demand for AI chips, rather than stifling it.
Fouquet refrained from commenting on the intricacies of DeepSeek's latest R1 model, which garnered attention for its remarkable performance capabilities comparable to leading U.S. competitors, all at a significantly reduced cost. However, he emphasized that the demand for AI-centric chips remains robust and shows no signs of slowing down.
Impact on Technology Stocks
The unveiling of DeepSeek's new model stirred up the tech industry, leading to a notable downturn in technology stocks. There were concerns about a potential decrease in investment towards the high-powered graphics processing units essential for the training and operation of AI workloads.
To read more about this development, you can visit the article on CNBC
Related News
For more information on DeepSeek and its impact, you can check out the following related news:
- DeepSeek’s AI avoids answering 85% of prompts on ‘sensitive topics’ related to China
- DeepSeek’s Promise of Energy Efficiency Darkens Power Stocks
- ASML CEO Says DeepSeek’s Emergence Is ‘Good News’ for AI
