by Jeffrey Cooper | Jan 30, 2025 | AI, Semiconductors
ASML’s shares rebounded sharply after the company reported Q4 orders of €7.09 billion—well above analyst expectations of €3.99 billion—driven by strong demand for its high-end extreme ultraviolet (EUV) lithography systems. While total orders declined year-over-year,...
by Jeffrey Cooper | Jan 30, 2025 | AI, Semiconductors
ASML’s revenue for 2024 rose by 2.7% to €28.3 billion, setting a new record. However, net income fell 3.4% to €7.57 billion, and EPS dropped 3.3% to €19.25. While the gross margin held steady at 51.3%, sales of lithography systems decreased by nearly 10%, and net...
by Jeffrey Cooper | Jan 28, 2025 | AI, Technology
Revolutionizing AI Reasoning with DeepSeek-R1 DeepSeek introduces its first-generation reasoning models, DeepSeek-R1-Zero and DeepSeek-R1, setting a new benchmark in AI reasoning. DeepSeek-R1-Zero leverages large-scale reinforcement learning (RL) without supervised...
by Jeffrey Cooper | Jan 28, 2025 | AI, Business, Geopolitics, Semiconductors, Technology
DeepSeek, a Chinese AI company, has developed an innovative AI model that rivals US tech giants despite facing export restrictions on advanced chips. This achievement highlights China’s strengths in software engineering talent, the vast domestic market, and...
by Jeffrey Cooper | Jan 27, 2025 | AI, Business, Semiconductors
The Nasdaq and S&P 500 tumbled on Monday as China’s DeepSeek AI model ignited fears of intensified competition in the artificial intelligence space. DeepSeek’s low-cost AI assistant has surpassed ChatGPT as the top-rated app on Apple’s App Store,...
by Jeffrey Cooper | Jan 27, 2025 | AI, Business, Technology
Kim Vorrath Takes Charge of Apple’s AI Ambitions Apple Inc. has appointed veteran executive Kim Vorrath to overhaul its AI and Siri efforts, signaling a renewed focus on artificial intelligence. Known for her expertise in rescuing complex projects, Vorrath...
