South Korea leads ASML market share

South Korea has surpassed China to become ASML Holding NV's largest market during the first quarter. This shift is driven by the country's leading memory chip manufacturers significantly increasing their procurement of ASML's advanced equipment. The surge in demand is directly linked to the escalating needs of the artificial intelligence sector, which is experiencing persistent shortages. These shortages are fueling the heightened purchasing activity from South Korean chipmakers as they strive to meet the growing global demand for AI-powered technologies and infrastructure.