ASML, the largest supplier of equipment used to manufacture AI chips, is set to report its quarterly earnings. The company’s valuation and ability to meet customer demand are under scrutiny, particularly in light of proposed US export controls aimed at curbing China’s ability to make advanced chips.
Export Controls and Capacity
The Netherlands-based company is expected to report an 8.8% rise in second-quarter net profit to €2.61 billion on revenue up 14% at €8.8 billion. ASML has denied selling its most advanced EUV tools to China, which is forecast to account for up to 20% of ASML’s sales this year through legal purchases of less-advanced DUV tools.
ASML is the only maker of EUV lithography systems, which are necessary for producing cutting-edge chips. The company aims to ship 60 EUV tools this year and 80 next year, and is exploring ‘creative ways’ to help customers, including upgrades to older tools and faster machine assembly.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
