Analysis: ASML’s ‘sold out’ outlook forces investors to look beyond demand

AMSTERDAM: In April, computer chip equipment maker ASML’s CEO Christophe Fouquet told shareholders that Europe’s most valuable company would avoid becoming the chip industry’s bottleneck “by all possible means”.

Six months later, Fouquet acknowledged ASML’s supply of chip-printing tools used to make the advanced logic and memory chips powering the AI boom will fall short of demand in both 2027 and 2028.