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"ASML's bookings of 7.09 billion euros far surpassed analysts' predictions, with a significant increase from the third quarter of 2024. The company's CEO attributed the growth to the key driver of artificial intelligence. The report may reassure investors in ASML and other chip stocks, despite a recent selloff sparked by the release of DeepSeek's AI model. ASML's largest customer, TSMC, manufactures most chips designed by Nvidia and software firms, and the company has forecast 2025 sales of 30-35 billion euros, representing growth of 7-25% from 2024."
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