ASML Lifts Outlook as Sales Rise on Increased Demand

ASML Lifts Outlook as Sales Rise on Increased Demand

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Business

University

Hard

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ASML reported a significant rise in orders for the second quarter, surpassing analyst expectations. The company has a strong backlog of €38 billion and anticipates a 30% sales growth for the year. Despite this, market caution persists due to uncertainties, leading ASML to slow hiring. Additionally, ASML faces potential tighter US export controls on its chip-making machinery to China, but it does not expect these to impact its financial outlook significantly.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in sales growth ASML expects for the year compared to last year?

20%

25%

35%

30%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is ASML planning to slow down its hiring process?

Because of uncertainties and a previous recruitment drive

To focus on automation

Due to a decrease in demand

To cut costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for customer caution according to ASML?

Technological advancements

Uncertainties in the market

Economic downturn

High competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential challenge is ASML facing regarding its exports?

Supply chain disruptions

Tighter US restrictions on exports to China

Lack of demand

Increased tariffs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does ASML view the impact of potential US regulations on its financial outlook?

Positive

No material effect

Significantly negative

Slightly negative