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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did ASML mention regarding customer behavior across different market segments?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential impact did ASML discuss regarding chip export controls?

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