'Good news': Dutch chip giant ASML welcomes DeepSeek

Veldhoven, Netherlands (AFP) Jan 29, 2025

The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the emergence of China's low-cost AI firm DeepSeek and predicted others would disrupt the sector. The arrival of DeepSeek and its AI chatbot developed at a fraction of the cost of Western competitors has upended the tech world and wiped billions off share prices. But ASML CEO C