ASML

2024 - 4 - 18

ASML's Chip Manufacturing Equipment Sales Plunge: What's Next?

ASML - chipmakers - market trends - semiconductor industry - technology sector

ASML, the top supplier of equipment to semiconductor manufacturers, faces challenges as chipmakers delay high-end gear purchases. Will the industry rebound soon?

ASML, the leading chip manufacturing equipment supplier, is experiencing a downturn in sales as chipmakers postpone high-end gear purchases. Despite this setback, ASML remains optimistic about a potential recovery in the semiconductor industry in the second half of the year. In the first quarter, ASML reported weaker-than-expected new bookings, attributing the decline to Taiwanese and South Korean chipmakers holding off on buying the Dutch firm's advanced equipment.

The company's gross profit of €2.7 billion with a 51% margin surpassed expectations, indicating some stability in a challenging market. ASML's shares took a hit following lower profits and orders, reflecting the wider concerns in the semiconductor industry. ASML's net sales dropped by 21.6% in Q1, signaling a challenging period ahead despite the positive results posted by some of its prominent customers.

As ASML faces a 'transition year,' the demand for cutting-edge semiconductor equipment has not met anticipated levels. However, key players like TSMC and Samsung are showing interest in ASML's latest 'High NA' EUV system, promising advancements in transistor density. With the industry's future uncertain, ASML's performance remains crucial in shaping the semiconductor landscape.

In a surprising turn, ASML's Q1 bookings missed forecasts, but sales to China held up, offering a glimmer of hope amidst the overall decline. Despite the challenges, ASML's position as the global sole supplier of EUV lithography machines underscores its significance in the semiconductor market, with industry giants closely watching its next moves.

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Image courtesy of "Financial Times"

ASML forecasts semiconductor rebound after first quarter disappoints (Financial Times)

ASML, the chip manufacturing equipment supplier, insisted that the semiconductor industry was on track to recover in the second half of the year even as its ...

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Semiconductor equipment maker ASML ships second 'High NA ... (CNA)

AMSTERDAM : ASML, the biggest supplier of equipment to computer chip makers, said on Wednesday said it has shipped one of its newest "High NA" EUV ...

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ASML Orders Miss Forecasts as Chip Makers Await Recovery in ... (The Wall Street Journal)

Gross profit—a closely watched metric for companies operating in the semiconductor industry—came in at €2.7 billion, generating a 51% margin that beat ...

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ASML Orders Dive as Chipmakers Pause High-End Gear Purchases (Yahoo Tech)

(Bloomberg) -- ASML Holding NV posted orders that fell short of analysts' expectations, as Taiwanese and South Korean chipmakers held off buying the Dutch ...

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ASML Q1 bookings miss forecast, but China sales hold up (Reuters.com)

ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings on Wednesday, although sales to ...

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Image courtesy of "Bloomberg"

ASML Orders Dive as Chipmakers Pause High-End Gear Purchases (Bloomberg)

ASML Holding NV posted orders that fell short of analysts' expectations, as Taiwanese and South Korean chipmakers held off buying the Dutch firm's most ...

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ASML shares dive on lower profits, orders (FRANCE 24)

Shares in Dutch tech giant ASML, which supplies chip-making machines to the semiconductor industry, slumped Wednesday after the firm reported a drop in net ...

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Dutch semiconductor giant ASML blames 'transition year' as high ... (Fortune)

While some of ASML's biggest customers have been posting positive results, demand for the latest semiconductor equipment failed to meet expectations.

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Semicon equipment maker ASML ships its latest 'High NA' EUV ... (Republic World)

Both TSMC and Samsung have expressed intentions to integrate the new system into their processes, which is expected to improve the transistor density on ...

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ASML net sales fell by 21.6 percent in Q1; company remains ... (DatacenterDynamics)

Net bookings for ASML, the global sole supplier of extreme ultraviolet lithography (EUV) photolithography machines, were also down, falling from €9.2bn (9.8bn) ...

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Chip Gear Giant ASML Misses Q1 Sales Goal, Offers Soft Outlook (Investor's Business Daily)

Semiconductor equipment leader ASML beat estimates for earnings in the first quarter but missed views on sales. ASML stock fell.

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ASML earnings drag semiconductor stocks lower (CNBC)

ASML fell over 8% on a day when the entire S&P 500 index was only down less than 1%.

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Why ASML Holding Stock Was Falling Today (Yahoo Finance)

INTC. Shares of ASML Holding (NASDAQ: ASML), the leading manufacturer of semiconductor producing equipment, were moving lower today after the company turned in ...

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ASML orders miss forecast as demand for most-advanced machines ... (Taipei Times)

Dutch tech giant ASML Holding NV posted new orders that fell short of analyst expectations, hurt by a downturn in demand for its most advanced machines from ...

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ASML's poor quarter is not a good reason to fret about its future (Financial Times)

The Dutch chipmaking equipment provider has issued what could have been a concerning set of quarterly results. Sales of €5.3bn came in at the midpoint of ...

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ASML miss hammers appetite (FXStreet)

The big story of yesterday was the disappointing results from the biggest European company, ASML, which sells equipment to chipmakers so that they could ...

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ASML miss raises worries about the the AI rally [Video] (FXStreet)

The results raised questions regarding the sustainability of demand from chipmakers and the AI rally. The S&P 500 and Nasdaq extended losses. TSM and Netflix ...

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ASML Holding N.V. (NASDAQ:ASML) Q1 2024 Earnings Call ... (Yahoo Eurosport UK)

ASML Holding N.V. (NASDAQ:ASML) Q1 2024 Earnings Call Transcript April 17, 2024 ASML Holding N.V. isn't one of the 30 most popular stocks among hedge funds ...

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Why ASML Is Falling Despite a Q1 Profit Beat (Investopedia)

American depositary receipts (ADRs) of Dutch manufacturer ASML fell in intraday trading Wednesday after the company released a first-quarter earnings report ...

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ASML Holding First Quarter 2024 Earnings: EPS Beats Expectations ... (Yahoo Movies)

ASML Holding ( AMS:ASML ) First Quarter 2024 Results Key Financial Results Revenue: €5.29b (down 22% from 1Q 2023). Net...

ASML Holding N.V. Beat Analyst Estimates: See What The ... (Yahoo Movies)

Shareholders might have noticed that ASML Holding N.V. ( AMS:ASML ) filed its first-quarter result this time last week...

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