ASML, the top chip equipment supplier, anticipates a surge in orders due to AI chip demand.

Top chip equipment supplier ASML is set to report a surge in orders due to customers expanding capacity to meet the booming demand for AI chips. The company's order book is expected to benefit from AI chip demand, with ASML dominating the lithography systems market crucial for chip miniaturization. Analysts predict ASML may upgrade its guidance as major chip producers like TSMC increase and speed up their equipment purchases.