Major supplier to chip makers expects a recovery sooner rather than later

ASML CEO Peter Wennink. | Image: Getty

A key supplier of chip manufacturing tools believes that demand for semiconductors could pick back up in the second half of this year, CNBC and the Financial Times report. “Most of our customers tell us that they expect a recovery in the second half of this year,” ASML CEO Peter Wennink tells CNBC. The prediction comes after a difficult few months for the...