ASML Approaches End Of China Backlog, Eyes Growth in AI and Advanced Chip Demand

Dutch exports to China dropped in March, ASML Holding neared clearing backlog from China. EUV market to reach $35.70 billion by 2032 with 15.1% CAGR. Chinese researchers develop N-polar GaN wafer, could speed up tech adoption. ASML's Q1 net bookings estimated at 4.89 billion euros.

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