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ASML CEO Sees Slow Chip Recovery Extending ‘Well Into 2025’
ASML Holding NV Chief Executive Officer Christophe Fouquet said he expects the chip market’s long-awaited recovery will extend “well into 2025,” following disappointing third-quarter earnings that sparked a broad selloff across the semiconductor industry.
ASML expects slowness in chip market to continue ‘well into’ 2025, CEO says
ASML CEO Christophe Fouquet said demand for automotive, PC and memory chips is weak, with demand for AI chips a noteworthy exception
Chip Stock Selloff Persists in Europe, Asia After ASML Warns of Slower Recovery
Chip stocks in Europe and Asia continued to fall Wednesday after Dutch semiconductor-equipment maker ASML Holding warned the recovery for some areas of the industry could extend well into next year, raising fears among investors of a prolonged downturn in demand.
Chipmakers Face $420 BN Sell-off After ASML's Warning
The semiconductor market is currently facing significant turbulence, primarily driven by ASML’s recent sales forecast revision. On october 15, ASML announced it expects its 2025 revenue to range between $32 to $38 billion.
In Depth
18h
In Depth
Exclusive: Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say
Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has ...
15h
ASML Holding: Why It's Headed Back To $1,000
ASML Holding's limited competition grants it pricing power and high profitability. See why ASML stock is a Buy.
2d
on MSN
Dutch chip giant blames ‘technical error’ as accidental earnings release tanks tech sector: ‘Very unfortunate’
Dutch tech giant ASML caused chaos after accidentally publishing financial results a day earlier than scheduled – along with ...
2d
on MSN
ASML Holding Stock Continues To Slide, Other Chipmakers Bounce Back: 'We Are Still Quite Optimistic About AI'
ASML Holding N.V. (NASDAQ:ASML) shares continue to move lower on Wednesday, adding to steep losses from Tuesday after the ...
3d
ASML Stock Tanks After Its Unexpectedly Early Results Include Weak Outlook
U.S.-listed shares of ASML Holding plunged Tuesday after the Dutch semiconductor-gear manufacturer accidentally posted its ...
Reuters
2d
ASML reports accidental earnings disclosure to Dutch market regulator
ASML
said in a statement it had reached out to the relevant ... leading to the biggest selloff in its shares in 20 years.
2d
on MSN
ASML Struggles In Wednesday Pre-Market As Nvidia, AMD And Other Peers Begin Recovery From Chipmaker's Downward Pull
ASML's CEO mentioned a gradual recovery and cautious customer sentiment, while CFO Roger Dassen projected China's ...
2d
on MSN
ASML Chip Crash Is an Opportunity. Why Nvidia and AI Stocks Will Rally Back.
ASML’s outlook sparked an overreaction from investors. It’s creating another buying opportunity for AI stocks.
2d
ASML's early earnings publication a 'human mistake', shareholder group says
A group of Dutch shareholders on Wednesday reacted with dismay to chip equipment maker's ASML's accidental early publication ...
2d
Stock market today: Wall Street rises as tech stocks and oil prices steady themselves
Shares are mostly lower in Asia after U.S. stocks pulled back from their records. Tokyo's Nikkei index fell 1.8%, leading the declines, while Chinese shares mostly advanced.
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