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Investor Bets Shift Toward Chip Giants TSMC and ASML Amid AI Boom
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ASML, the Dutch manufacturer of lithography machines, will invest $954 million in a new plant in Taiwan and will hire 1,000 people this year. Demand for advanced chips for artificial intelligence exceeds all forecasts and pushes the European giant to strengthen its presence on the island. The Dutch company, which monopolizes the Extreme Ultraviolet Lithography (UVE) market, has seen the rise of artificial intelligence trigger the demand for adva…
Investor Bets Shift Toward Chip Giants TSMC and ASML Amid AI Boom
Billionaire portfolio manager Philippe Laffont of Coatue Management reshaped his technology holdings in the first quarter, significantly reducing exposure to major cloud companies Amazon, Alphabet, and Microsoft, while fully exiting Oracle.
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