ASML
ASML’s Shares Tumble as Third-Quarter Results Disappoint, Losing Top European Tech Valuation
October 18, 2024 – Dutch lithography giant ASML has experienced a significant drop in its share price following the premature leakage of its financial report, which indicated a substantial decline in performance. The company’s stock plummeted by 15.6% on October 15th and further fell by 5.1% on the 16th, closing at 633.9 euros. Consequently, ASML…
ASML Shares Plummet 16% as Company Slashes 2025 Sales Expectations
October 16, 2024 – On Tuesday, leading photolithography machine manufacturer ASML predicted lower than expected sales and orders for 2025, citing persistent weakness in certain segments of the semiconductor market. This announcement triggered a significant drop in the company’s share price, resulting in the largest single-day decline since 1998. Despite a robust demand for chips…
ChipNL Urges New Dutch Cabinet to Boost Investments in Semiconductor Industry
July 04, 2024 – A consortium of over thirty semiconductor companies in the Netherlands, known as ChipNL, has recently submitted a joint letter to the newly formed Dutch cabinet led by Prime Minister Dick Schoof. The letter urges the cabinet to increase government investments in the chip sector. Comprising key players such as ASML, NXP,…
ASML’s Bold Expansion: €100 Million Annual Investment in Berlin Factory
November 23, 2023 –In accordance with reports from the German media outlet Handelsblatt, ASML, headquartered in the Netherlands, is set to embark on a significant investment initiative starting from 2023. The company plans to allocate €100 million annually to expand and enhance its factory in Berlin, Germany, with the aim of bolstering both production and…
ASML’s High NA EUV Machines: On Track for 2023 Delivery Despite Supplier Challenges
September 06, 2023 – ASML CEO Peter Wennink recently shared insights during an interview with Reuters, shedding light on the company’s commitment to delivering High Numerical Aperture Extreme Ultraviolet (High NA EUV) machines by the end of this year, despite encountering some supplier-related challenges. ASML’s High NA EUV machines are colossal in size, comparable to…