A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.
Peter Boer | Bloomberg | Getty Images
Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.
Here’s how ASML did versus LSEG consensus estimates for the fourth quarter:
- Net sales: 9.26 billion euros versus 9.07 billion euros expected.
- Net profit: 2.69 billion euros versus 2.64 billion euros expected.
ASML suffered losses during a global tech sell-off earlier in the week after Chinese startup DeepSeek’s low-cost AI application triggered questions over competitiveness and U.S. leadership in the sector.
This breaking news story is being updated.
