ASML Q2 results exceed expectations across the board, AI chip demand as main driving force

Odaily Planet Daily News ASML (ASML.O), the world's largest supplier of computer chip manufacturing equipment, reported second-quarter revenue and profit that exceeded market expectations on Wednesday, as demand from artificial intelligence chip manufacturers offset uncertainty over sales to China. According to LSEG's median estimate, in the three months ending June 30, ASML's revenue was 9.33 billion euros (approximately 10.9 billion USD), higher than the analysts' expectation of 8.80 billion euros. Net profit was 2.92 billion euros, also higher than the market expectation of 2.62 billion euros. (Jinshi Data)