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ASML lithography tools supply squeezed as AI boom fills production lines

Surging demand for AI semiconductors is straining supplies of ASML lithography tools, with the Dutch equipment maker saying planned capacity will not meet customer demand in 2027 and 2028. ASML CEO Christophe Fouquet said demand forecasts keep rising as AI chip investment expands, and some customers are already showing interest in ordering tools for 2029 and 2030. The company plans to expand capacity and improve existing equipment performance.