ASML beats Q1 expectations

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ASML beats Q1 expectations
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When you're ASML, not even a semiconductor downturn can dent your outlook

While some in the semiconductor market are struggling, ASML, which produces chipmaking gear, has beaten its guidance for the first quarter as demand for its products exceeds capacity. The company also said it is still awaiting guidance on curbing sales to China.

Looking ahead, ASML said it expects net sales for the current second quarter to land somewhere between €6.5 billion and €7.0 billion .

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