ASML, the world’s only maker of ‘extreme ultra-violet lithography machines’, the kit needed to make the most sophisticated chips, has retaken the crown as Europe’s most valuable publicly-listed company. It reports third quarter earnings on Wednesday. Bloomberg’s Tom Mackenzie previews the results.
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Bloomberg.comHenry Ren,Sarah Jacob
ASML, the world’s only maker of ‘extreme ultra-violet lithography machines’, the kit needed to make the most sophisticated chips, has retaken the crown as Europe’s most
ASML Holding NV faces a potentially tricky earnings test, after the stock rallied 45% in little over a month on hopes that the accelerating buildout in artificial intelligence infrastructure will drive chip equipment orders.
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