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ToplineThe Netherlands government revoked the export license for the shipment of some chip-making equipment made by ASML to China, the company announced Monday, once again dragging Europe’s most valuable tech company and maker world’s most advanced chip-making machines into an ongoing trade battle between China and the West.The ASML booth at the 6th CIIE in Shanghai, China. NurPhoto via Getty Images Key FactsASML said the Dutch government had “partially revoked” the license for shipment of its NXT:2050i and ...

A new generation of semiconductors will begin cooking in 2024. Ultraviolet lithography specialist ASML Holding (ASML -0.12%), a crucial provider of equipment used to manufacture chips, began shipping its latest-generation extreme ultraviolet (EUV) systems to Intel.Intel will begin development of its 18A manufacturing process using these machines in 2024, targeting widespread commercial production by 2025. Despite the milestone, ASML will be coming off a record year for sales and profitability in 2023. The c ...

For investors looking at the artificial intelligence (AI) sector, 2024 is shaping up to be a landmark year. So it's high time to set your portfolio up for the new year, and you don't have to do it alone.Three Motley Fool contributors put their heads together to present their best AI investments for the new year.In the resulting discussion, you'll find three standout AI stocks with market-beating prospects in 2024 and beyond. International Business Machines (IBM -0.12%) made a strategic pivot toward AI and c ...

ASML Holding N.V. (NASDAQ:ASML) Q3 2023 Earnings Conference Call October 18, 2023 9:00 AM ET Company Participants Skip Miller - Vice President, Investor Relations Peter Wennink - President and Chief Executive Officer Roger Dassen - Executive Vice President and Chief Financial Officer Conference Call Participants Joe Quatrochi - Wells Fargo Krish Sankar - TD Cowen Aleksander Peterc - Societe Generale Sara Russo - Bernstein Francois-Xavier Bouvignies - UBS Rolf Bulk - New Street Research Didier Scemama - Bank ...

ASML Holding N.V. (NASDAQ:ASML) KeyBanc Technology Leadership Forum Conference Call August 8, 2023 12:00 PM ET Company Participants Skip Miller - Vice President of Investor Relations Conference Call Participants Stephen Barger - KeyBanc Capital Markets Inc. Stephen Barger [Call Start Abruptly] with KeyBanc Capital Markets, I cover Industrial Machinery and Semi Cap Equipment. And I'm here with Skip Miller, who is the Vice President of Investor Relations for ASML. And Skip, thanks for being here again this ye ...

ASML Holding N.V. (NASDAQ:ASML) Q2 2023 Earnings Conference Call July 19, 2023 9:00 AM ET Company Participants Skip Miller - Vice President, Investor Relations Peter Wennink - Chief Executive Officer Roger Dassen - Chief Financial Officer Conference Call Participants Krish Sankar - TD Cowen Stephane Houri - ODDO Sandeep Deshpande - JPMorgan Sara Russo - Bernstein Francois Bouvignies - UBS Aleksander Peterc - Societe Generale Alexander Duval - Goldman Sachs Joe Quatrochi - Wells Fargo C.J. Muse - Evercore IS ...

ASML reports €6.9 billion net sales and €1.9 billion net income in Q2 2023 Incremental DUV revenue drives expected 2023 sales growth towards 30% VELDHOVEN, the Netherlands, July 19, 2023 – Today ASML Holding NV (ASML) has published its 2023 second- quarter results. • Q2 net sales of €6.9 billion, gross margin of 51.3%, net income of €1.9 billion • Quarterly net bookings in Q2 of €4.5 billion2 of which €1.6 billion is EUV • ASML expects Q3 2023 net sales between €6.5 billion and €7.0 billion and a gross marg ...

ASML Holding N.V. Conference Call Summary Company Overview - **Company**: ASML Holding N.V. (NASDAQ: ASML) - **Event**: Goldman Sachs Global Semiconductor Conference - **Date**: May 31, 2023 Key Industry Insights Supply and Demand Dynamics - The semiconductor market is experiencing weakness in the Memory sector due to supply-demand imbalances, while Logic remains strong, particularly in automotive and industrial applications [4][5] - ASML expects a **25% growth** in topline revenue for the year, with EUV tools growing at **40%** and non-EUV tools at **30%** [4][5] EUV Tool Orders and Backlog - EUV orders decreased to **€3.8 billion** from a peak of **€8 billion**, but the backlog stands at **€39 billion**, which is approximately **2x** the expected shipments for the year [7][8] - Demand for tools is expected to increase as supply chain issues improve, with lead times returning to normal levels [9][38] Logic Demand and Market Trends - Strong demand for mature Logic tools is driven by applications in distributed and edge computing, as well as the transition to electric vehicles [15][16] - The market for mature Logic is expected to sustain growth due to limited availability of used equipment and the need for new capacity [16] Impact of AI on Demand - ASML sees potential long-term growth in equipment demand driven by AI, although customers are currently in a cautious phase regarding capital spending [19][20] Supply-Demand Imbalances - The company reported a **20%** undersupply in the Deep UV market, down from **30%** at the end of 2022, indicating improved capacity and demand satisfaction [24][25] China Market Dynamics - Approximately **20%** of ASML's backlog is attributed to China, with real demand observed in various sectors including automotive ICs and consumer electronics [26][28] Regulatory Environment - Recent U.S. export restrictions have had a limited indirect impact on ASML's backlog, estimated at **5%** [30][31] - The company anticipates that mature immersion tools will still be eligible for export licenses despite new restrictions [31] Average Selling Prices (ASP) - ASML has successfully negotiated higher ASPs to offset inflationary pressures, with expectations for continued improvement in gross margins [32][33] Lead Times and Insulation from Macro Risks - Lead times for EUV tools remain long, providing insulation from macroeconomic risks, with current estimates at **1-2 years** for EUV and **9-12 months** for Deep UV tools [36][38] High-NA Tool Development - ASML is progressing with High-NA tools, with initial shipments expected in late 2023 and production tools in 2025. The backlog includes orders from both Logic and Memory sectors [40][41] Future Trends in Semiconductor Technology - The transition to gate-all-around technology is viewed positively, as it is expected to drive demand for EUV tools and improve performance and efficiency in semiconductor manufacturing [49][51] Additional Considerations - ASML's long-term revenue model anticipates a semiconductor market size of **$1 trillion** by 2030, factoring in die size and growth trends [54][56] - The company has shifted to an output-based revenue model for EUV tools, which is expected to enhance predictability and service revenue [60][61]

ASML Holding N.V. (NASDAQ:ASML) Q1 2023 Earnings Conference Call April 19, 2023 9:00 AM ET Company Participants Skip Miller - VP of IR Peter Wennink - CEO Roger Dassen - CFO Conference Call Participants Krish Sankar - TD Cowen Francois-Xavier Bouvignies - UBS Amit Harchandani - Citi Aleksander Peterc - Societe Generale Alexander Duval - Goldman Sachs C.J. Muse - Evercore Mehdi Hosseini - SIG Sara Russo - Bernstein Sandeep Deshpande - JPMorgan Joe Quatrochi - Wells Fargo Operator Good day, and thank you for ...