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ASML calls EU authorities to help create demand for European chips as Europe's share in its revenue drops to 0% in 2026.
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Sales of chips in Q1 2026 hit $298.5 billion and are on track to exceed $1 trillion this year, according to the Semiconductor Industry Association.
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Driven by demand for AI and HPC accelerators, sales of chip production equipment are projected to increase through 2027. Asian countries are expected to lead the pack, according to SEMI.
GlobalFoundries has acquired Singapore-based silicon photonics firm Advanced Micro Foundry, positioning it as one of the leading providers of this technology for AI servers.
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The Trump administration is drafting a policy that would require chipmakers to match U.S. production with customer imports or face steep tariffs, potentially up to 100%.