Semiconductor equipment maker ASML beat quarterly profit and bookings forecasts ...
AMSTERDAM - Semiconductor equipment maker ASML beat quarterly profit and bookings forecasts on Wednesday, continuing a strong run of results on demand for its latest chipmaking equipment.
Third-quarter net profit came in at 627 million euros , beating analysts’ average forecast of 609 million according to a Reuters poll, though the outcome was down on the 680 million made in the same period last year. ASML said it had received bookings for 23 of its most advanced lithography systems, which cost around 100 million euros each. Lithography is at the heart of the chipmaking process, using beams of light to map out the circuitry of chips.
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