ASML Reports Stronger Than Expected Q3 Order Intake

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ASML Reports Stronger Than Expected Q3 Order Intake
Photo: Peter Dejong/AP/TT

Dutch ASML, manufacturer of data chip machines, reports a stronger than expected order intake during the third quarter of the year.

The company is currently Europe's highest valued and the customer list includes companies such as TSM, Intel, Samsung and Open AI.

The order intake landed at 5.4 billion euro the last quarter, analysts had expected 4.9 billion euro, according to Bloomberg's compilation.

Since ASML's machines are used to make chips for AI, the company benefits from many companies now making large investments in the technology. The share has risen by 25 percent so far this year.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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