Reported about 18 hours ago
ASML reported strong third-quarter earnings, selling nine extreme ultraviolet lithography machines critical for advanced chip production, signaling growth potential for companies like Nvidia, Broadcom, and AMD that heavily rely on these technologies for AI chip manufacturing. The rise in EUV equipment sales indicates enhanced production capacity for cutting-edge chips, catering to increasing demands in AI. This positive trend in ASML's technology directly benefits investors in these chip-making giants.
Source: YAHOO