ASML Stock Surges as Sales Forecast Tops Estimates

Shares of

ASML Holding

the Dutch supplier of manufacturing equipment to the semiconductor industry, were rising Wednesday after the company issued a forecast for fourth-quarter sales that came in ahead of analysts’ estimates.

ASML (ticker: ASML) also said new U.S. chip export control regulations “do not amend the rules governing lithography equipment shipped by ASML out of the Netherlands and we expect the direct impact on ASML’s overall 2023 shipment plan to be limited.”

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