ASML held back by stalled sales of big earning tools

Semiconductor equipment maker ASML Holding NV sounded a note of caution over sales of its newest tools worth $200 million apiece on Wednesday, as it delivered better-than-expected earnings and forecast double-digit growth next year. ASML is depending on the likes of chipmakers Taiwan Semiconductor Manufacturing Co Ltd , Samsung Electronics Co Ltd and Intel Corp to sell its most advanced “EUV” or extreme ultraviolet, machines, which use energy beams to map out circuitry of computer chips. Intel said in July it was six months behind on plans to make its next generation of chips. …read more

Source:: Yahoo Finance

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.