ASML Holding(US:ASML) Zhong Guo Xin Wen Wang·2025-11-04 17:19Core Insights - ASML's participation in the China International Import Expo is driven by a spirit of open cooperation rather than commercial motives, aligning with the semiconductor industry's emphasis on collaboration [2] - The company views the current semiconductor industry as being in a slow upward cycle, with a focus on showcasing technological innovations and insights related to AI opportunities and challenges [2][3] Group 1: Industry Perspective - ASML's executive emphasizes the importance of global competition and encourages Chinese equipment manufacturers to integrate into the international supply chain with a global perspective [2] - The company maintains a revenue forecast of €44 billion to €60 billion by 2030, based on optimism regarding long-term developments in AI and other technologies [3] Group 2: AI and Semiconductor Demand - Despite the booming AI sector, the demand for semiconductor equipment has not yet fully materialized, as the benefits of AI will only be realized when it is integrated into consumer electronics [3] - AI is identified as a significant driver for the semiconductor industry, following the impacts of personal computers, the internet, and smartphones, with McKinsey predicting a contribution of approximately $10 trillion to global GDP by 2030 [3] Group 3: Challenges in the Industry - The industry faces two major challenges due to AI: insufficient computing power and increased energy consumption [4] - Solutions proposed include enhancing AI model efficiency and advancing chip technology through 2D scaling and 3D integration techniques [4]