ASML Q4 bookings beat expectations as chipmakers order more to satiate AI demand

NVIDIA Corporation +0.93%
Micron Technology, Inc. -0.44%
ASML Holding NV ADR -3.13%

NVIDIA Corporation

NVDA

177.39

+0.93%

Micron Technology, Inc.

MU

366.24

-0.44%

ASML Holding NV ADR

ASML

1317.23

-3.13%

Jan 28 (Reuters) - ASML ASML.AS reported stronger-than-expected bookings on Wednesday as the world's largest supplier of computer chip equipment received larger orders thanks to larger investments in artificial-intelligence chipmaking capacity.

Fourth-quarter bookings, the most watched metric in the industry, were 13.2 billion euros ($15.83 billion), compared with 5.4 billion euros in the previous quarter, against market analyst expectations of 6.32 billion euros according to researcher Visible Alpha.


($1 = 0.8339 euros)


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