US News
When AI investment booms

The second quarter ASML orders were estimated in the second quarter after the AI boom drove demand for its chip manufacturing machines. The Dutch company, which calculates TSMC and Intel among its clients, reported 5.5 billion ($6.4 billion) of order bookings during the period, while analysts’ average estimate of 4.8 billion in data collected by Bloomberg. Bloomberg Intelligence’s Masahiro Wakasugi broke the situation.