ASML Sees Rising Sales, Margin Pressure on New Technology
- Dutch company trying to fuel demand for new EUV technology
- Demand picking up as customers ramp up chip production
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ASML Holding NV, Europe’s largest semiconductor-equipment maker, forecast rising sales for this quarter, while predicting pressure on earnings as the introduction of new technology boosts costs.
Second-quarter revenue will be about 1.7 billion euros ($1.9 billion), the Veldhoven, Netherlands-based company said in a statement Wednesday. Analysts had predicted 1.65 billion euros on average. Gross margin will be about 42 percent of sales, ASML said, a prediction trailing estimates amid investments in new chip-making technology.