ASML's net sales for Q2 decreased YOY but increased from the previous quarter, with rising bookings as chip companies invest in advanced semiconductor technology.
US government is considering using trade restrictions like FDPR against suppliers like ASML that provide American tech to China, leading to a 6% drop in ASML shares.
China accounts for 49% of ASML's sales, even after the company was restricted from selling advanced equipment to the country.
ASML reported a net income of €1.578 billion on sales of €6.2 billion in Q2, with order bookings up at €5.6 billion, including €2.5 billion for its advanced EUV equipment.
Collection
[
|
...
]