ASML, a Dutch chipmaking company, has seen a surge in orders, particularly from China, despite export restrictions and a forecasted sales drop in the Chinese market. The company's CEO attributes this surge to the artificial intelligence boom. ASML's orders tripled in the 4th quarter, leading to a record-high rally, cementing its position in the artificial intelligence boom. The surge in orders has sparked tech euphoria, with Bank of America reiterating ASML as a top pick in the EU semiconductor capital equipment sector. The company's success in lobbying for export licenses to China has also been highlighted. The surge in orders is seen as a sign of demand for cutting-edge chips, with ASML's place at the heart of the artificial intelligence boom being emphasized.
ASML’s rally to a record high this week illustrates how the chip equipment firm is cementing its place at the heart of the artificial intelligence boom https://t.co/TIs6QCZBXK
$ASML Bank of America reiterates chipmaker ASML as a top pick Netherlands-based chipmaker ASML remains Bank of America’s top pick in the EU semiconductor capital equipment sector. ASML posted an earnings and revenue beat for the fourth-quarter earlier this week. However, the…
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ASML China Sales Surged Despite Secret Dutch Deal With US - Bloomberg the global downturn pushed ASML to successfully lobby The Hague for export licenses to China of critical semiconductor manufacturing kit https://t.co/eMeevUVCt0
China’s biggest import is semiconductor chips, which is also its biggest trade deficit. Demand should help keep $ASML in business. https://t.co/wDAoSefVMh
#FPTech: #ASML sees massive surge in orders especially from #China, despite global tech sanctions https://t.co/WcA4Ep2H5a
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ASML forecasts 10%-15% sales drop in Chinese market this year due to export restrictions https://t.co/J4r8GP422j
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ASML sees the artificial intelligence boom driving demand for the Dutch company’s most-advanced chipmaking machines, its chief executive officer said in an interview https://t.co/gSv9YTVmOd
ASML orders triple in sign of demand for cutting-edge chips https://t.co/8rwuObOYpN via @business https://t.co/kiJuusF9Qb
ASML orders surge to record in 4th quarter, but 2024 outlook unchanged https://t.co/ixbGy3Pq1K https://t.co/MVkZWGacLT
Tech Euphoria Sparked By ASML Surge To All-Time High On Flood Of Chinese Orders... There's Just One Problem https://t.co/ScGoWO2Ayy