ASML boosts output plans as chip demand surges
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ASML is increasing its output plans due to a surge in chip demand, reportedly driven by demand for AI chips. The company has lifted its 2026 outlook and plans to boost capacity, with some reports indicating a 30% expansion of EUV capacity. ASML's move is expected to help alleviate concerns about chip bottlenecks and may also lead to price increases for its chip tools.
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