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“Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024”

“…ASML reported 27.6 billion euros in revenue for 2023, higher than the 21.2 billion euros of the year before. That was a 30% year-on-year rise. Shares of ASML provisionally ended up 9.7%…

The Dutch government, following U.S. pressure, introduced curbs in June on the export of advanced semiconductor equipment. And in October, the U.S. tightened its own export controls on advanced semiconductors and chipmaking tools to China.

This month, ASML said the Dutch government partially revoked its license for the shipment of its NXT:2050i and NXT:2100i lithography systems in 2023 to China. These are systems required to make less advanced chips…”

https://www.cnbc.com/2024/01/24/asml-earnings-report-q4-and-full-year-2023.html

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