ASML Revenue Forecast Trails Estimates on Slowing Demand
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ASML Holding NV, Europe’s largest semiconductor-equipment supplier, predicted sales trailing analysts’ estimates on slowing demand from makers of chips that process functions in devices. The stock fell the most in more than two years.
Revenue this quarter will be about 1.6 billion euros ($2.2 billion), ASML, which supplies chipmakers including Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co., said today. Analysts predict 1.7 billion euros, the average of estimates compiled by Bloomberg.