A emblem on the outside of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.
Peter Boer | Bloomberg | Getty Photos
Dutch semiconductor tools maker ASML on Wednesday reported better-than-expected web gross sales and revenue outcomes for the fourth quarter.
Here is how ASML did versus LSEG consensus estimates for the fourth quarter:
- Internet gross sales: 9.26 billion euros versus 9.07 billion euros anticipated.
- Internet revenue: 2.69 billion euros versus 2.64 billion euros anticipated.
ASML mentioned that web bookings, a key indicator of order demand, got here in at 7.09 billion euros.
That was up 169% from the two.63 billion euros ASML reported within the third quarter, and exceeded the three.99 billion euros anticipated by analysts polled by Seen Alpha, in response to Reuters.
ASML suffered losses throughout a worldwide tech sell-off earlier within the week after the rollout of Chinese language startup DeepSeek’s low-cost AI language mannequin.
The transfer triggered questions over eyewatering spending from the likes of main AI gamers OpenAI and Microsoft on Nvidia graphics processing models, that are wanted to coach and run probably the most superior AI fashions.
This might hit demand for ASML’s high-precision excessive ultraviolet (EUV) machines, that are used to print probably the most superior microchips. EUV instruments accounted for 3 billion euros of ASML’s fourth-quarter web bookings.
This breaking information story is being up to date.
