Chip equipment maker ASML Holding NV (NASDAQ:ASML) reaffirmed its commitment to the Chinese market while emphasizing strict compliance with global trade laws and regulations.
Shen Bo, executive vice president of ASML and president of ASML China, said artificial intelligence is now one of the most significant forces driving global chip demand across industries such as automotive, consumer electronics, and the Internet of Things.
Shen noted that China remains vital to the Dutch semiconductor equipment giant’s global expansion and long-term strategy, China Daily reported.
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