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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
21h
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 ...
18h
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.
9h
on MSN
What's Going On With ASML Shares Friday?
ASML Holding N.V. (NASDAQ:ASML) stock is moving higher on Friday. The stock might be rebounding after falling earlier this ...
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 ...
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 ...
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 ...
1d
ASML Reports Accidental Earnings Disclosure to Dutch Market Regulator
AMSTERDAM (Reuters) -Computer chip equipment maker ASML has informed the Dutch markets regulator of its accidental early ...
2d
ASML's lowered forecast suggests factory overcapacity, not chip doom
Computer chip equipment maker ASML's deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over worries that global chip demand may be faltering.
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 ...
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