Your Daily Brief For January 25th

Your Daily Brief For January 25th

29 days ago1 min

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In today’s Daily Brief, we'll look at ASML's results – and what they mean for the chip industry.

"ASML is the only producer of the most sophisticated chip-making equipment out there, so the firm’s order sheets indicate the health of the industry at large. And right now, the sector’s long-running slump is nowhere to be seen."

Key takeaways:

  • German software behemoth SAP was won over by the promise of AI, reshaping its workforce to accommodate high-tech ambitions
  • ASML saw its orders more than triple last quarter, a sure sign that the chip industry is back on top form
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