February 3, 2023

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

1 min read

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).



2023-01-25 04:49:00

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