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▶ 6:45 · Semiconductors · AI accelerates Moore's Law to 16x density every 2 years
episode briefing
In Good Company with Nicolai Tangen

Christophe Fouquet - CEO of ASML | Podcast | In Good Company | Norges Bank Investment Management

2025-02-05 · 6 company · 6 thematic
sentiment
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speakers
nicolai tangen

Nicolai Tangen is the CEO of Norges Bank Investment Management, which manages the Norwegian Sovereign Wealth Fund, one of the world's largest sovereign wealth funds. He hosts the podcast 'In Good Company' where he interviews leaders across various fields.

christophe fouquet

CEO of ASML, the sole supplier of EUV lithography systems critical for advanced semiconductor manufacturing. Has spent 25+ years at ASML, previously led the applications product unit. Describes himself as driven by problem-solving and people connection.

now playing · Semiconductors
Semiconductorstailwindscore 9/10christophe fouquet
AI accelerates Moore's Law to 16x density every 2 years
AI demand has accelerated transistor density scaling from the traditional 2x every two years to 16x every two years, requiring EUV lithography, high-bandwidth memory, and continued innovati…
Energy & Power Infrastructureriskscore 7/10christophe fouquet
Energy consumption a key constraint for AI compute scaling
The 16x compute demand growth from AI faces fundamental cost and energy consumption constraints, requiring major innovation in chip architecture, lithography, and memory to improve performa…
Memory & Storagetailwindscore 8/10christophe fouquet
High-bandwidth memory critical for AI compute scaling
HBM is a key enabler for AI performance, requiring major innovation in memory technology alongside logic scaling to meet the 16x compute demand growth from AI.
AI Hardware & Chip Architecturetailwindscore 8/10christophe fouquet
Hyperscalers designing custom AI chips; architecture shifts toward AI-optimized designs
Hyperscalers are developing their own AI-optimized chips, moving beyond generic GPUs. Both logic and memory will see major design changes specifically for AI workloads, reshaping the semico…
AI Geopolitics & Export Controlsheadwindscore 9/10christophe fouquet
China 10-15 years behind in advanced logic without EUV access
China lacks access to EUV lithography, putting it at least 10-15 years behind in advanced logic manufacturing. Without EUV, economically viable volume production at advanced nodes is imposs…
Advanced Manufacturingmixedscore 8/10christophe fouquet
Chip Acts insufficient without solving structural cost competitiveness
Government subsidies (CHIPS Acts) can jumpstart manufacturing but cannot guarantee long-term success unless countries achieve structural cost and flexibility competitiveness. R&D history an…