SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (88690)7/20/2022 9:44:48 AM
From: Return to Sender2 Recommendations

Recommended By
Sam
Sr K

  Respond to of 89688
 
ASML Stock Is Dropping. The Chip Supplier Slashed Its Sales Outlook Amid Delays.
ASML beat expectations for second-quarter earnings, but shares in the critical supplier of manufacturing equipment to the semiconductor industry were tumbling Wednesday after the group slashed its full-year sales forecast. ASML (ticker: ASML) reported second-quarter net income of €1.4 billion ($1.4 billion) on sales of €5.4 billion, delivering earnings per share of €3.54. “Some customers are indicating signs of slowing demand in certain consumer-driven market segments, yet we still see strong demand for our systems, driven by global megatrends in automotive, high-performance computing, and green energy transition,” Peter Wennink, the group’s president and chief executive, said in a statement.

finance.yahoo.com