ASML pullback shouldn't worry investors: Analyst

11:09am, Wednesday, 17'th Jul 2024
Shares of ASML Holding (ASML) and other semiconductor stocks are falling Wednesday morning in response to a Bloomberg report outlining the Biden administration's plans for stricter trade regulations o
Demand for machines used to build computer chips is likely to increase due to the boom in demand for generative artificial intelligence.
Washington is considering using a wide-sweeping rule to clamp down on foreign companies exporting their chipmaking tools to China, according to Bloomberg. CNBC's Senior Tech Correspondent Arjun Kharpa
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 300 points on Wednesday.
The tech and chip stock rally that has far outstripped the rest of the market so far this year looked set to come to a juddering halt on Wednesday.
Shares of ASML—Europe's most valuable tech company and maker of the world's most advanced chip-making machines—slumped more than 6% early Wednesday following reports that President Joe Biden may b
Sentiment will likely reverse course, with the index futures trading notably lower early Wednesday. The recent run-up ideally should render the mood cautious, and the caution may intensify as the firs
Semiconductor equipment leader ASML beat Wall Street's targets for the second quarter but missed views with its sales guidance.
ASML Holding NV (NASDAQ:ASML) shares have plummeted more than 7% despite rallying in the pre market on a bumper second-quarter financial update. Sales in the quarter surged 18% as the Dutch lithograph

3 AI Stocks to Buy Now: Q3 Edition

06:13am, Wednesday, 17'th Jul 2024
Stocks in the AI industry have seen huge gains in recent years. A recent report by PWC estimated the sector could contribute up to $15.7 trillion to global gross domestic product.
Global chip stocks fell sharply with ASML, Nvidia and TSMC hit amid reports of tighter export restrictions from the U.S. and a ramping up of geopolitical tensions. Bloomberg reported on Wednesday that
ASML's orders and earnings beat expectations but it is also being hit by fears of stricter limits on chipmaking equipment exports.
Dutch technology giant ASML Holding NV (NASDAQ:ASML), the supplier of high-end lithographic machinery used to manufacture computer chips, had another strong quarter, with sales reaching the high end o
ASML reported second-quarter earnings and sales that beat forecasts as it continues to see a recovery in demand for its machines that are required to make the world's most advanced chips. In this arti
ASML , the largest equipment supplier to chipmakers, on Wednesday reported better-than-expected second-quarter net income of 1.6 billion euros ($1.7 billion) on revenues of 6.2 billion euros, while ne
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