ASML Halts Second-Quarter Guidance, Continues to Win Orders

Sees strong order intake, no change in demand at this stage
Dutch company won 11 new EUV orders in first quarter

WATCH: Wennink discusses demand, ASML’s buyback program and the biggest risks to its supply chain.(Source: Bloomberg)

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By Ellen Proper

April 15, 2020 at 5:24 AM UTC

Updated on

April 15, 2020 at 6:22 AM UTC

This article is for subscribers only.

ASML Holding NV, a crucial supplier to Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co, refrained from providing guidance for the second quarter amid uncertainty following the coronavirus pandemic, but hinted on a significantly more profitable quarter.

The Dutch company, which produces extreme ultraviolet-lithography equipment, added it sees a strong order intake and currently no change in demand.