ASML has highlighted the strong potential and ongoing developments in artificial intelligence (AI) as a key driver for industry recovery. However, the company has noted that other market segments, such as automotive and industrial sectors, are experiencing a slower recovery than expected. ASML's CEO emphasized that the recovery is more gradual and is likely to extend well into 2025. The CEO also remarked that without the demand for AI, the chip market would be 'very sad'. ASML's warning suggests that while AI continues to be a growth driver, other segments might not rebound quickly. The company serves as a bellwether for tech industry trends.