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ASML Targets AI Chip Market with New Scanning Tool

3/3/2026

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Story summary
  • ASML plans to expand beyond EUV to capture the AI chip market.
  • Marco Pieters, ASML's Chief Technology Officer, announced the initiative.
  • The plan calls for advanced packaging tools that connect multiple specialized AI chips.
  • ASML aims to exceed EUV and launched the XT:260 scanning tool for AI.
  • ASML has a $560 billion market cap and a 30% stock rise this year.