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“Major global chip stocks rally on Micron’s surge; ASML up 4%”

“Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price. Samsung Electronics and SK Hynix both saw their shares rise on Thursday in South Korea. Dutch semiconductor… Continue Reading…

Stocks

“Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall”

“…ASML’s stock was down around 4.5% in early European trade after the results. Here’s how ASML did versus LSEG consensus estimates: Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of… Continue Reading…

Business, Economy

“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… Continue Reading…