ASML beats Q1 earnings estimates but faces caution from chipmakers.

ASML, the Dutch semiconductor equipment maker, beat Q1 earnings expectations with $5.31 per share on sales of $7.24bn, but noted caution among customers. The company's Q2 sales forecast of $7.38bn was above analysts' expectations, but its bookings came in below estimates. ASML reiterated its full-year outlook for sales growth over 25%, but its CEO said the industry was seeing mixed signals on demand from different end-market segments. ASML's stock fell 3.2% on the news.