However, many observers began to doubt its AI prowess in 2023, when OpenAI released an upgraded version of ChatGPT. Given OpenAI's relationship with Microsoft, some investors feared that Google Search would face serious competition for the first time in years.
ASML is a Netherlands-based company and the sole supplier of lithography machines, which are a vital part of the production of semiconductors. These machines are necessary for the creation of AI chips. ASML brings in over 90% of its revenue from abroad, with a strong presence in the Asian market.
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