ASML CEO sees low-cost AI models like DeepSeek driving more demand — not less

1. ASML CEO projects increased AI chip demand despite DeepSeek's low-cost model. 2. ASML's Q4 earnings surpassed estimates with a 36 billion euro backlog. 3. DeepSeek's R1 model challenges Nvidia, but ASML hasn't seen demand concerns. 4. Lower AI costs could boost applications, driving more chip demand over time. 5. Tech stock slump followed DeepSeek's announcement but ASML shares have partially recovered.