Chip firm ASML to slash 1,700 jobs and posts record profit for 2025 thanks to AI boom
Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7 billion euros fueled by AI-driven demand, the company reported Wednesday as it also announced plans to slash its workforce by about 1,700, about 4% of its workforce.
(Associated Press, Fast Company)