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Critical Chip Firm ASML Posts Quarterly Bookings Surge on Heated AI Demand

A logo on the exterior of the asml holding NV Headquarters in Veldhoven, Netherlands, On Wednsday, Jan. 24, 2024.

Peter Boer | Bloomberg | Getty Images

Dutch semiconductor equipment maker asml on Wednsday Reported Better-Your-Extered 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 said that net bookings, a key indicator of order demand, came in at 7.09 billion euros.

That was up 169% from the 2.63 billion euros asml reported in the third Quarter, and Exced the 3.99 billion euros expected by analysts pollled by visible alpha, according to reates.

ASML SUFFERED LOSSES DURING A Global Tech Sell-Off Earlier in the Week after Chinese Startup Deepsek’s low-cost ai application triggered qualitys over competivity and us account

This breaking news story is being updated.

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