ASML reported Q1 net sales of €8.77 billion, slightly above expectations, with earnings 4% higher than forecast, driven by strong EUV system sales up 30% versus consensus. The company raised its full-year 2026 revenue guidance to €36-40 billion, citing a recovery in non-EUV business and sustained demand for advanced lithography tools used in AI chip production. Despite a 56% drop in sales to China, ASML expects China to normalize at 20% of annual sales. UBS maintains a 'buy' rating with a €1,500 price target, expecting modest upgrades to earnings estimates. The stock rose 0.7% following the announcement.
ASML reported strong Q2 earnings with EPS of $8.69, surpassing estimates of $7.98, and revenue of $10.67 billion, exceeding forecasts of $10.23 billion. The company attributes this growth to increased demand for AI chips, prompting customers to accel...
ASML Holding N.V. reported strong Q2 results with €9.3 billion in sales and earnings per share of €7.59, surpassing market expectations. The company raised its 2026 revenue guidance to between €43 billion and €45 billion, with a gross margin target o...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
ASML reported Q2 revenue of €9.33 billion and net income of €2.92 billion, exceeding analyst expectations. The company raised its full-year 2026 revenue outlook to €43-45 billion, driven by strong demand for AI-related advanced logic and memory chips...
The FTSE 100 dropped 23 points to 10,506, pressured by mining stocks reacting to China's slower-than-expected 4.3% GDP growth in Q2, its weakest in three years. European markets also declined, while US futures rose, led by tech. PayPal shares surged ...
