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ASML Expects 25% Growth In 2023

Despite the challenging market environment, ASML ended fiscal 2022 with net sales of €21.2 billion, up 13.8 percent year-over-year, and net income of €5.6 billion, down 4.4 percent year-over-year. ASML expects to grow net sales by more than 25 percent in 2023.   In the fourth quarter of 2022, the Veldhoven, Netherlands-based company reported net sales of €6.4 billion, at the midpoint of its guidance range, and net income of €1.8 billion. "Bookings are good," said ASML CEO Peter Wennink in a video interview posted on the company's website following the release of quarterly and annual results. "We booked more than €6 billion in bookings, resulting in a record backlog of more than €40 billion by the end of 2022. That's something [we've] never seen before, so the backlog sets a core record."   Gross margin was 51.5 percent in the fourth quarter and 50.5 percent for the full year.   "It was a pretty good year with good performance in some challenging cir

What is an AI chip? Everything you need to know

  Artificial intelligence chips mainly include NVidia GPU, Google's TPU, Intel's Nervana, IBM's TreueNorth, Microsoft's DPU and BrainWave, Baidu's XPU, Xilinx's xDNN, Cambrian chip, Horizon and Deepview's AI chip, etc. Basically, GPU, FPGA, and neural network chips are the three major trends. The three chips have their own advantages and disadvantages and are all geared toward their own unique market segments. This chapter first talks about the rise of deep neural networks and NVidia GPUs.   The ultimate goal of artificial intelligence is to simulate the human brain, which has roughly 100 billion neurons and 100 trillion synapses, capable of handling complex vision, hearing, smell, taste, language skills, comprehension, cognitive abilities, emotional control, control of complex body mechanisms, complex psychological and physiological control while consuming only 10 to 20 watts of power.   These are the basic neurons and synapses of the human brain.     The i