ASML Faces Challenges in Harnessing AI Potential

Reported 15 days ago

ASML's recent third-quarter report reveals modest revenue growth that falls short of investor expectations, raising questions about its role in the AI boom. Despite a projection of 15% sales growth for 2025, recent performance indicates a slowdown, particularly in lithography system sales. CEO Christophe Fouquet remains optimistic about future prospects, highlighting partnerships and innovations, but investor confidence may hinge on ASML's ability to meet ambitious long-term targets amid global trade uncertainties.

Source: YAHOO

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