Strong ASML, TSMC forecasts signal AI spending boom is intact

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April 16 : Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs. The results suggest that demand stayed strong for AI chip designers such as Nvidia, Advanced Micro Devices and Broadcom, all of which rely on TSMC, the world's dominant producer of cutting-edge processors. Growing investor pressure on large technology companies such as

Strong ASML, TSMC forecasts signal AI spending boom is intact https://www.channelnewsasia.com/ - 16.04.2026 15:10

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Strong ASML, TSMC forecasts signal AI spending boom is intact https://www.channelnewsasia.com/ - 16.04.2026 15:10