On Wednesday, the Dutch semiconductor giant ASML announced a significant increase in net bookings for the fourth quarter, indicating robust demand for its sophisticated chipmaking tools despite DeepSeek’s low-cost approach raising questions about AI spending.
As of 9:35 a.m. London time, ASML’s stock had risen more than 11% before adjusting slightly to trade at 9.6%.
Here is how ASML performed in comparison to the fourth quarter’s LSEG consensus estimates:
Net sales were 9.26 billion euros ($9.64 billion) as opposed to the anticipated 9.07 billion euros. Compared to the predicted 2.64 billion euros, the net profit was 2.69 billion euros.
Net bookings, a crucial measure of order demand, was 7.09 billion euros.
Source (CNBC)
