Chip-Making Machines Draw Record Orders for Dutch Tech Firm

The world’s only manufacturer of a machine for making advanced semiconductors reported record orders as chip makers continue seeking to boost their production capabilities despite a recent slowdown in demand.

Dutch company ASML Holding NV said Wednesday that while it faces the same challenges of inflation, supply-chain constraints and recession concerns that many other companies do, it has a big backlog of orders and predicts strong demand for years to come.

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