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ASML CEO Says US Restricts Servicing Some China Equipment, Won't Hurt Earnings usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The outgoing chief executive of top semiconductor equipment supplier ASML said on Wednesday that the U.S. government will prevent the company from servicing some machines it has previously sold...
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ASML would like to expand in Veldhoven and the Eindhoven region long term, said the company's financial director, Roger Dassen, at the shareholders' meeting. Investors association VEB asked whether the chip machine manufacturer had enough space to grow in Noord-Brabant or if they have a plan B. "Of course, we have a plan B, but we want to expand here due to what Veldhoven and Eindhoven have to offer," Dassen answered. "The government also recognizes the circumstances we need to grow."
ASML Approves Christophe Fouquet as CEO at Annual Meeting usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Meta's US$360 billion rally to collide with lofty AI expectations bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
ASML: Such restrictions "will not have a significant effect on the 2025 to 2030 financials, because it will be a limited number" of Chinese plants affected, Peter Wennink said.