ASML sees signs of recovery in semiconductor market after hitting bottom
• ASML says semiconductor market has reached lowest point and early signs of recovery are appearing
• ASML is top maker of lithography systems used by major chipmakers like TSMC and Samsung
• Company benefited from strong demand in China in 2022 ahead of export controls
• Recently unveiled new $350 million advanced chipmaking machine weighing as much as two A320s
• Many new semiconductor fabs opening in next years that will need ASML's equipment