Car Chip Shortages A Sign Of Wider Demand Crunch: ASML Executive

AMSTERDAM (Reuters) – The chip shortages slowing car production are a symptom of broader increased demand that is placing strains on suppliers across the semiconductor sector, according to Dutch equipment maker ASML. One of ASML’s top executives said that higher demand for most types of computer chips — including those considered one step below cutting edge — looks stronger and more permanent than most players in the industry, including ASML, had expected when the coronavirus pandemic began. “I think all over the place…the demand to our customers — so the semiconductor manufacturers — I would say that all over the…