ASML reported strong Q4 earnings, driven by AI chip demand, with revenue and EPS beating consensus estimates. Click here to read why ASML stock is a Strong Buy.
Top computer chip equipment maker ASML ASML.AS reported fourth-quarter bookings on Wednesday that far exceeded expectations, as a boom in AI drove demand for its most advanced equipment.
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, the maker of advanced microchip-making equipment, on Wednesday reported better-than-expected earnings after foundries upgraded their machines as its bookings surged ahead of estimates.
Bernstein lowered the firm’s price target on ASML (ASML) to $885 from $887 and keeps an Outperform rating on the shares. The firm notes ASML
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DBS analyst Ling Lee Keng has maintained their bullish stance on 0QB8 stock, giving a Buy rating today.Invest with Confidence: Follow
DeepSeek prompted a major sell off of tech stocks this week, but ASML's chief says the artificial-intelligence upstart could boost the chips sector in the longer term. Tech stocks—including ASML—fell
ASML Holding NV registró el mayor repunte desde 2020 tras registrar pedidos por el doble del valor de lo que esperaban los analistas, mientras el auge de la inteligencia artificial impulsa la demanda de sus máquinas para fabricar chips.
Without addressing the specifics of DeepSeek’s model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI chips.
It will take China years to catch up with ASML Holding NV’s chipmaking technology, according to a senior executive at the Dutch firm.