ASML's bookings miss estimates in Q1 on demand for advanced chip-making tools

The Dutch group's Chief Executive Officer Christophe Fouquet said his conversations with customers supported ASML's expectations that 2025 and 2026 would be growth years. The global race for AI has put ASML at the forefront of the industry, as the maker of the world's most advanced chip circuitry engraving system, the EUV lithography machine, which makes the chips of designers like Nvidia or Apple. Artificial intelligence continues to be the main growth driver for ASML, Fouquet said in the quarterly …