ASML profits down amid China chip spat
Wednesday, 17 April 2024 ()
The Hague (AFP) April 17, 2024
Dutch tech giant ASML, which supplies chip-making machines to the semiconductor industry, on Wednesday reported a drop in net profits and orders amid a high-tech trade spat between China and the West. Net profits came in at 1.2 billion euros ($1.3 billion) in the first quarter, compared to 2.0 billion euros the firm reported in the fourth quarter of last year. Bookings slumped to 3.6 bil
The Hague (AFP) April 17, 2024
Dutch tech giant ASML, which supplies chip-making machines to the semiconductor industry, on Wednesday reported a drop in net profits and orders amid a high-tech trade spat between China and the West. Net profits came in at 1.2 billion euros ($1.3 billion) in the first quarter, compared to 2.0 billion euros the firm reported in the fourth quarter of last year. Bookings slumped to 3.6 bil
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