ASML's First-Quarter Orders Miss Estimates, CFO Remains Optimistic

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Source: Bloomberg
ASML's First-Quarter Orders Miss Estimates, CFO Remains Optimistic
Photo: Bloomberg
TL;DR

ASML Holding NV's first-quarter new orders of €3.6 billion fell short of analyst expectations, reflecting a decline in demand for its most advanced machines from the chip making industry, following a record €9.19 billion in the previous quarter.

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