This is a visionary CEO with the most excellent view. Anything that can lower cost is indeed good news. Lower cost means more applications, more usage and thus more demand for chips. More business for chip producting company.
With lower version chip, DeepSeek can achieved such good results. Image if using higher version chip, what could the results be? AI can advance much faster.
DeepSeek Will Be Good for Business, ASML Chief Says -- WSJ
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.