ASML Holding (ASML) lifted its guidance after reporting quarterly results that beat expectations.
ASML Holding (ASML) lifted its guidance after reporting quarterly results that beat expectations.
ASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant’s already fragile sales to the country.
ASML has forecast bumper sales of its chip manufacturing equipment this year on the back of the AI boom, building on a blockbuster fourth quarter and sparking a rally across the tech sector on Wednesday.
ASML (ASML) the world’s biggest maker of equipment used to manufacture computer chips, crossed $500 billion in market value for the first time on Thursday, after top customer TSMC (2330) announced larger than expected capital spending plans to keep up with booming demand for artificial intelligence chips.
Nvidia backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker ASML secure a major stake in the French firm.
ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter.
Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines.
ASML Holding NV surged the most since 2020 after booking orders worth twice as much as analysts expected, as the artificial intelligence boom fuels demand for its chipmaking machines.
ASML Holding was climbing Thursday as the chipmaking machinery company said it wasn’t cutting its long-term targets. It’s a relief for the semiconductor sector after ASML’s sales warning last month tanked chip stocks.
Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded export restrictions on chipmaking gear to China.
ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives up demand for the Dutch firm’s critical semiconductor making equipment.
ASML Holding shares dropped on Wednesday after its orders missed expectations. It’s a sign of caution in the chip industry despite a race to build up national semiconductor sectors.
Europe’s largest tech company, ASML Holding, on Wednesday held onto its conservative outlook for 2024 despite promising signs of a recovery in the semiconductor industry that saw it receive a record €9.2 billion worth of orders in the final quarter of 2023.
Semiconductor equipment maker ASML was barred by the Dutch government from exporting some of its tools to China, the company said.
ASML and Samsung Electronics agreed to jointly invest 1 trillion won to build a plant in South Korea to develop high-tech semiconductor processing technology for cutting-edge chips.
ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat.
ASML, one of the world’s most important semiconductor equipment firm, posted a jump in revenue and profit in the second quarter, but warned of macroeconomic “uncertainties” ahead.
FRANKFURT (dpa-AFX) – In a friendly market environment for European technology stocks, shares of Infineon and Aixtron stood out on Wednesday. While Infineon gained 3.2 percent to 37.60 euros, Aixtron rose 4.6 percent to 29.60 euros. They benefited from a positive analyst comment. The industry heavyweights STMicroelectronics and ASML also made significant gains.
Dutch firm ASML and Taiwan’s TSMC, two of the world’s most important semiconductor firms, got a share price boost on Thursday after Nvidia’s earnings impressed investors.