Canada has enacted retaliatory tariffs on $20 billion worth of U.S. goods, including steel, aluminum, dairy, and electronics, escalating an 18-month trade dispute. These tariffs range from 15% to 50% and affect key sectors, putting pressure on North American manufacturers and supply chains. The move follows failed trade negotiations and U.S. tariffs on Canadian exports earlier this year. Meanwhile, ASML secures commitments from Samsung, TSMC, and Intel for advanced chipmaking technology, and Novo Nordisk reports promising obesity treatment results in children, signaling ongoing innovation despite trade tensions.
A state-owned Chinese company, Shanghai Aishengna Electronic Technology Group, has started mass producing deep ultraviolet (DUV) lithography machines that directly compete with ASML's China business, which accounts for about 20% of its 2026 sales. Wh...
ASML, the sole supplier of EUV lithography machines critical for advanced chip manufacturing, announced its machines are sold out through 2028 due to high demand. The company reported strong Q3 revenue growth and price increases for key products star...
Lam Research reported a record fiscal Q1 2027 with revenue and earnings beating estimates, but its stock fell 9% after the CFO warned that supply chain constraints will limit growth in the December quarter. This caution affected the broader semicondu...
ASML and Taiwan Semiconductor Manufacturing (TSMC) both reported that AI chip demand exceeds their current production capacity. ASML, which makes critical EUV lithography machines, posted strong revenue growth and is raising prices due to high demand...
ASML Holding N.V. issued a strong Q4 revenue forecast of €14.2–€15.2 billion, surpassing expectations and supporting a Strong Buy rating. The company benefits from high margins due to upgrade kit sales amid chip shortages and accelerated a €4.1 billi...
