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Chip gear provider ASML shares drop 11% on cautious 2026 growth outlook
ASML’s revenue rose 24% in the second quarter to €7.7 billion, or $8.95 billion. The consensus estimate projected €7.52 billion. ASML Chief Financial Officer Roger Dassen told investors that the better-than-expected sales increase was partly driven by upgrades made to customers’ EUV equipment.
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The Dutch semiconductor equipment giant reported Q2 net sales of €7.7 billion ($8.95 billion), above expectations. Net profit came in at €2.29B versus the €2.04B estimate. ASML also posted €5.5B in ...
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