ASML Raises Full-Year Outlook as AI Spending Grows
Community Score: 50% | 3.1K views | 20h
0 community ratings: null thumbs up, null thumbs down
ASML lifted its annual sales forecast for the second time this year as a surge in artificial intelligence spending drives demand for the company’s chip-making machines. Europe’s most valuable company expects net sales to grow to between €43 billion ($49.2 billion) and €45 billion this year. Bloomberg's Charlotte Hughes-Morgan reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.insta
Tags: AI, ASML Holding NV, Chip, Communications, Europe, Netherlands, Semiconductor Equipment, Telecom, Telecommunications, artificial intelligence, chips, company, company earnings, company news, earnings, machine, machinery, machines, semiconductors, tech
More from Bloomberg Television
- Americans Crave Low-Cost Chinese EVs — Score: 50%
- Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
- Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
- Rep. McCaul on How to Combat Political Violence — Score: 50%
- Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
- King Charles' Security Under Review ahead of DC Visit — Score: 50%