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Companies & Markets

ASML orders beat expectations as AI arms race boosts demand

Mistral AI co-founders Timothee Lacroix (centre), Arthur Mensch (right) and Guillaume Lample (left), each have a net worth of US$1.1 billion, according to the Bloomberg Billionaires Index.
Startups

Mistral’s three founders become first AI billionaires in France

This photograph shows screens displaying the logos of the French articial intelligence Mistral AI company and the Dutch group Advanced Semiconductor Materials Lithography  (ASML), in Toulouse, southwestern France, on September 9, 2025. The Dutch group Advanced Semiconductor Materials Lithography (ASML) has invested 1.3 billion euros in French artificial intelligence company Mistral AI, becoming its largest shareholder with an 11% stake. (Photo by Lionel BONAVENTURE / AFP)
Startups

ASML invests 1.3 billion euros on Europe’s AI champion Mistral

ASML faces a number of limits on its sales to China, which was the company’s second-biggest market in the first quarter.
Telcos, Media & Tech

ASML orders beat expectations after AI spending fuels demand

Tightening US export curbs have in recent years made it harder for American chipmakers to tap the Chinese market, but the country remains a key source of revenue.
Global Enterprise

Global chipmakers feel the pinch of Trump’s shifting trade policy

ASML’s net bookings, the most closely watched figure in the industry, missed estimates in the first quarter at 3.9 billion euros (S$5.8 billion).
Telcos, Media & Tech

ASML warns of tariff risks, maintains forecast as AI race accelerates

The ASML Lego is only intended to be “a fun item for employees” in celebration of the manufacturer’s 40th anniversary.
Lifestyle

ASML sells ‘Lego’ model of most advanced chip machine to workers

ASML CEO Christophe Fouquet said that much of ASML’s business with China is focused on mature technology that is less relevant to national security concerns.
Telcos, Media & Tech

ASML chief sees US pressure building for more China restrictions

The semiconductor business is often viewed as a barometer for the global economy since chips are vital for a range of products, from data centre servers to dishwashers.
Telcos, Media & Tech

ASML shows chasm in chip land: AI winners versus everyone else

ASML cut its outlook for next year, triggering a 16 per cent decline in its share price on Tuesday in Amsterdam, the biggest since Jun 12, 1998.
Telcos, Media & Tech

ASML CEO sees slow chip recovery extending ‘well into 2025’

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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