ASML declares 2024 a ‘transition year’ after disappointing quarterly results.

In the first quarter of this year, ASML fell short of analysts’ financial expectations. The chip equipment manufacturer emphasizes that 2024 is a transitional year. Revenue for Q1 2024 amounted to 5.29 billion euros, significantly lower than the previous quarter’s 7.24 billion euros. This figure also represents a substantial decline compared to the same quarter last year when the company […]

Isabella Walker

Isabella Walker