AMSTERDAM, Feb 25 (Reuters) - ASML, the biggest supplier of lithography equipment used to make computer chips, said in its 2025 annual report published Wednesday it ​now sees the artificial intelligence ‌boom as the main driver for demand for its products.

The report reflects ⁠a change in tone from 2024, when the ⁠company emphasized that the semiconductor industry is ‌cyclical and ‌AI might prove a disappointment.

* "At first, we believed that AI would drive ​demand fromonly a limited ‌portion of our customer base. At the end of theyear, we saw that new and ​significant demand for AI ​was startingto ‌fuel capacity build-up across our broad customer base - apowerful trend that we believe will continue in ⁠2026 andbeyond," CEO Christophe Fouquet said in the ⁠2025 report. * In the 2024 report, CFO Roger Dassen had described AI as"a growth driver" that was not benefiting all customers equally. * "We anticipate continued growth in ⁠the ‌semiconductormarket driven by strong demand for AI ‌logic and memory products,along with high pricing resulting ⁠from supply-demand imbalances.This is expected to drive demand for growth in the equipmentmarket," the company said in 2025. * Elsewhere in the 2025 report ASML noted thatexport-control regimes continued to evolve in 2025, with theDutch government adding new controls on ​metrology and inspectionequipment in January. * In the 2025 report ASML also noted that it plans to set upa ​sales and support operation ‌in India.