ASML bookings surge as AI chip demand boosts purchases of its critical semiconductor tools

July 17, 2024

Read Time:7 Second

ASML reported second-quarter earnings and sales that beat forecasts, as interest in AI chips drives up demand for the firm’s semiconductor making equipment.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

We ranked the latest earnings reports from 30 portfolio stocks from great to ugly

Our companies' performances were reflective of the S&P 500 firms in aggregate.

September 14, 2024

Adobe stock slips on soft fourth-quarter revenue guidance

Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.

September 13, 2024

Oracle bumps up fiscal 2026 revenue forecast, lifting stock 6%

Oracle is projecting higher revenue and capital expenditures as its cloud-computing arm grows.

September 12, 2024

These 5 portfolio stocks crushed the volatile market since our August Monthly Meeting

Investor concerns around the AI boom, coupled with the market's sensitivity to the Fed's next policy move, have caused Wall...

September 12, 2024

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to...

September 10, 2024

Oracle shares jump on earnings and revenue beat

While Oracle becomes more competitive in cloud infrastructure, it's also ensuring that competitors can offer its widely used database to...

September 9, 2024

ASML bookings surge as AI chip demand boosts purchases of its critical semiconductor tools

About Post Author

Wall Street Today

Other

Business