ASML's Second Quarter Financial Performance Surpasses Estimates Driven by AI Chip Demand
Deep News
Jul 15
ASML Holding NV, the world's largest supplier of computer chip manufacturing equipment, reported on Wednesday that its second-quarter revenue and profit exceeded expectations, driven by demand from artificial intelligence (AI) chip manufacturers.
For the three months ended June 30, ASML Holding NV's revenue was 9.33 billion euros ($10.90 billion), surpassing the analyst consensus estimate of 8.80 billion euros. Net profit for the quarter was 2.92 billion euros, also beating the analyst median forecast of 2.62 billion euros.
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