Key TakeawaysNvidia, ASML, and other chip stocks tumbled Wednesday following reports of potential government moves that could negatively impact the sector.The Biden Administration is reportedly considering tightening restrictions on exports of semiconductor equipment to China.Separately, former President Donald Trump said in an interview with Bloomberg Businessweek that Taiwan should pay the U.S. for defense, raising concerns about how geopolitical tensions could affect the chip industry. Nvidia (NVDA), Qua ...

Geopolitical risks outweigh solid results.Semiconductor equipment manufacturer ASML (ASML -11.44%) reported a better-than-expected quarter, but the results were overshadowed by increasing geopolitical concerns.Shares of the Dutch tech company traded down 10% as of 10:30 ET on reports the United States is considering tighter restrictions on tech sales to China.Strong quarter, tough questionsASML makes the machines that make semiconductor chips, providing the technology that makes tech trends including artifi ...

Dutch chip production equipment giant ASML (NASDAQ:ASML) and shares of all chipmakers are being dragged down today on a warning about President Joe Biden and his administration’s new export restrictions to China. Geopolitical tensions are also hurting chip stocks after Republican candidate former President Donald Trump said that Taiwan should pay for the U.S. defense of its island.ASML stock is down 10% as of this writing at $959 per share and a market capitalization below $400 billion. However, shares are ...

Loading...Loading...U.S. stock futures were lower this morning, with the Nasdaq futures falling around 300 points on Wednesday.Shares of ASML Holding N.V.  ASML fell in today's pre-market trading following the release of second-quarter results.The Dutch company reported a second-quarter net income of 1.6 billion euros ($1.75 billion) on revenues of 6.2 billion euros ($6.77 billion), surpassing analysts' expectations of 1.41 billion euros on revenue of 6.04 billion euros, Reuters reported on Wednesday. The n ...

ToplineShares 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 be mulling even harsher trade restrictions to further limit China’s ability to manufacture powerful semiconductors.ASML stocks tanked on Wednesday amid reports of more curbs on sales to China.NurPhoto via Getty Images Key FactsAccording to Bloomberg, the Biden administration has floated the idea of using an e ...

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Exhibit 99.3 ASML - Summary US GAAP Consolidated Statements of Operations Three months ended, Six months ended, | --- | --- | --- | --- | --- | |---------------------------------------------------|---------|---------|---------|---------| | | July 2, | Jun 30, | July 2, | Jun 30, | | (unaudited, in millions €, except per share data) | 2023 | 2024 | 2023 | 2024 | | --- | --- | --- | --- | --- | |------------------------------------|---------|---------|----------|----------| | Net system sales | 5,606.1 | 4,76 ...

ASML logo is seen at the headquarters in Veldhoven, Netherlands, June 16, 2023.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. Here's how ASML did versus LSEG consensus estimates:Net sales: 6.24 billion euros ($6.8 billion) versus 6.03 billion euros expectedNet profit: 1.58 billion euros versus 1.43 billion euros expectedASML previously forecast second-quarter net sales ...

ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024ASML continues to expect 2024 total net sales to be similar to 2023, supported by a strong second half year VELDHOVEN, the Netherlands, July 17, 2024 – Today, ASML Holding NV (ASML) has published its 2024 second-quarter results. Q2 total net sales of €6.2 billion, gross margin of 51.5%, net income of €1.6 billionQuarterly net bookings in Q2 of €5.6 billion2 of which €2.5 billion is EUVASML expects Q3 2024 total net sales betwe ...

ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024ASML continues to expect 2024 total net sales to be similar to 2023, supported by a strong second half year VELDHOVEN, the Netherlands, July 17, 2024 – Today, ASML Holding NV (ASML) has published its 2024 second-quarter results. Q2 total net sales of €6.2 billion, gross margin of 51.5%, net income of €1.6 billionQuarterly net bookings in Q2 of €5.6 billion2 of which €2.5 billion is EUVASML expects Q3 2024 total net sales betwe ...