ASML said on July 15 that it plans to raise prices for its chipmaking equipment, according to a BlockBeats report. The company’s shares reversed intraday losses and were up 0.08%, based on BIT (bit.com) market data. Earlier in the day, ASML reported second-quarter revenue and profit above market expectations. The company said demand from artificial intelligence chipmakers offset uncertainty around sales to China. LSEG median estimates showed that for the three months ended June 30, ASML posted revenue of 9.33 billion euros, or about $10.9 billion, above analysts’ expectation of 8.80 billion euros. Net profit came in at 2.92 billion euros, also ahead of the market forecast of 2.62 billion euros.
ASML said on July 15 that it plans to raise prices for its chip manufacturing equipment, according to BlockBeats.
BIT (bit.com) market data showed ASML shares reversed earlier losses during the session and were last up 0.08%.
Earlier in the day, ASML reported second-quarter revenue and profit that both came in above market expectations. Demand from artificial intelligence chipmakers offset uncertainty around sales to China.
Based on LSEG median estimates, ASML recorded revenue of 9.33 billion euros, or about $10.9 billion, for the three months ended June 30. That was above analysts’ expectation of 8.80 billion euros.
Net profit reached 2.92 billion euros, also above the market forecast of 2.62 billion euros.
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