ASML News Explorer

(Bloomberg) -- The Biden administration is weighing additional curbs on sales of semiconductor equipment and AI memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions but stop short of some stricter measures previously considered, according to people familiar with the matter.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier

European markets climbed on Thursday, rallying after being in the doldrums yesterday.

A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.

(Bloomberg) -- There’s a growing divide in the $530 billion semiconductor industry between the companies that are riding the artificial intelligence wave and those that aren’t. And looking at the early returns from this earnings season, that gulf could soon widen into an abyss.Most Read from BloombergA Broken Oil Pipeline Plunges South Sudan’s Capital Into ChaosDrug Decriminalization Spawns a Political Debacle for ProgressivesCities Look to AI to Flag Residents’ Trash and Recycling MistakesOne C

Computer chip equipment maker ASML's deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over worries that global chip demand may be faltering. The weaker outlook could, instead, reflect some overcapacity at chip factories that had already stocked up on ASML's pricey tools during the pandemic and have become better at using them to produce a larger numbers of chips, analysts said. In results that the company inadvertently posted a day ahead of schedule, ASML said it expects 2025 total net sales of 30 billion-35 billion euros, near the bottom of its previous forecast.

AMSTERDAM (Reuters) -Computer chip equipment maker ASML on Tuesday reported weak bookings and cut 2025 sales forecasts in third quarter earnings published early on its website, sending its shares down 15% by 1500 GMT. "We expect our 2025 total net sales to grow to a range between 30-35 billion euros, which is the lower half of the range that we provided at our 2022 Investor Day," Chief Executive Christophe Fouquet said in a statement. However, the company's bookings came in at 2.6 billion euros, well below forecasts that had ranged between 4 billion euros and 6 billion euros.

Chip stocks led the tech sector lower on Friday to cap what has been a volatile first week of September.

Chip stocks led the tech sector lower on Friday to cap what has been a volatile first week of September.

In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.