2023-01-25 06:22:36

ASML Q4 net profit $1.98 billion, sees sales up 25% in 2023

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Channel NewsAsia
By Cna

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VELDHOVEN, Netherlands :ASML Holding NV, an equipment supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings and forecast sales growth of more than 25 per cent in 2023.

Europe's largest technology company, which has struggled to meet demand as top customers TSMC, Samsung and Intel are all engaged in major expansions, said its order backlog had grown to a record 40 billion euros ($43.62 billion) at the end of the year.

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