China’s DeepSeek Surge Impacts Dutch Chip Giant ASML as Net Profit Declines
Dutch tech giant ASML reported a slight drop in its annual net profits for 2024, citing geopolitical challenges and the rise of China’s AI start-up DeepSeek as factors impacting the sector. The company’s net profits for the year amounted to 7.6 billion euros, down from 7.8 billion euros in 2023. Total net sales for 2024…
