ASML Profit Tops Expectations. It Sees a Chip Market Rebound.

ASML

Holding, a critical supplier to the global chip-making industry, said Wednesday that it expects to report more than 25% sales growth this year despite uncertainty in the semiconductor industry, after it beat analysts’ expectations for its fourth-quarter profit. 

Dutch company

ASML

(ticker: ASML) supplies the ‘lithography’ machines that are essential for manufacturing semiconductors, with customers including

Taiwan Semiconductor

(TSM),

Samsung

(KRX) and

Intel

(INTC).