ASML shares dive amid China jitters
The Hague (AFP) July 17, 2024
Shares in Dutch tech giant ASML which supplies chip-making machines to the semiconductor industry took a tumble Wednesday on the back of a report that Washington was eyeing stricter export restrictions to China. The company posted better-than-expected results earlier Wednesday for the second quarter, as well as a full order book, boosted by the development of artificial intelligence. ASM
Shares in Dutch tech giant ASML which supplies chip-making machines to the semiconductor industry took a tumble Wednesday on the back of a report that Washington was eyeing stricter export restrictions to China. The company posted better-than-expected results earlier Wednesday for the second quarter, as well as a full order book, boosted by the development of artificial intelligence. ASM