ASML Beats Estimates on AI Boom, but Expects Chinese Chip Sales to Fall ‘Significantly’ Next Year
6 Articles
6 Articles
ASML Orders Beat Expectations On AI Boost
ASML Orders Beat Expectations On AI Boost ASML Holding NV shares climbed +4% in Europe after the world's top supplier of photolithography systems for the semiconductor industry reported 5.4 billion euros in new orders for the third quarter, exceeding the Bloomberg Consensus estimate of 4.89 billion euros. Despite lower-than-expected quarterly revenue at 7.52 billion euros, versus the 7.71 billion euros forecast, analysts were pleased with stron…
ASML Orders Beat Expectations as AI Arms Race Boosts Demand
ASML Holding NV said demand for its most sophisticated chip-making machines is soaring thanks to the artificial intelligence boom, signaling optimism just months after the semiconductor equipment maker warned the trade war could stymie growth.
ASML expects setbacks in China, but remains optimistic
Veldhoven-based chip machine giant ASML expects sales in China to plummet next year. This is stated in the notes to the third-quarter figures. Customers in the Asian country already made many purchases last year, which means that new orders are unlikely to be placed next year. Despite the expected Chinese dip, ASML is not expecting lower revenues in 2025. The company expects to be able to provide more information about its financial outlook for …
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