ASML’s order book expected to benefit from AI chip boom

AMSTERDAM: ASML, the top equipment supplier to computer chip makers, is expected to report an influx of new orders when its new boss delivers second-quarter results on Wednesday, as customers expand capacity to meet booming demand for AI chips.

Another focus will be whether Chinese firms have continued heavy purchasing of equipment used to make older generations of chips such as those used in electric cars, a concern for Western policymakers who have curbed buying of more advanced technology.