Chip Gear-Maker ASML’s Sales Outlook Beats Analyst Estimates
- Dutch company has 100% global share in EUV equipment
- ASML is an important supplier to chip makers Samsung, TSMC
Photographer: Bart van Overbeeke Fotografie/ASML
This article is for subscribers only.
ASML Holding NV forecast fourth-quarter sales ahead of analysts’ expectations, as Europe’s largest semiconductor equipment maker won orders for 23 more of its newest lithography machines.
The Netherlands-based company, which has a monopoly on extreme ultraviolet-lithography equipment, predicts sales of 3.9 billion euros ($4.3 billion) for the fourth quarter, compared with an average estimate of 3.87 billion euros. A year earlier, ASML reported sales of 3.14 billion euros over that quarter.