Critical chip firm ASML posts fourth-quarter sales and profit beat

Group 1 - ASML reported better-than-expected net sales of 9.26 billion euros compared to the expected 9.07 billion euros for the fourth quarter [3] - The company's net profit for the fourth quarter was 2.69 billion euros, exceeding the expected 2.64 billion euros [3] - ASML faced losses during a global tech sell-off, influenced by concerns over competitiveness following the launch of a low-cost AI application by Chinese startup DeepSeek [1]