ASML Posts Mixed Third-Quarter Results, Lifts Outlook as AI Demand Holds Firm
ASML Holding NV reported mixed third-quarter results, with revenue and some operating metrics coming in unevenly against expectations, but the Dutch chip-equipment giant raised its guidance and said order interest remains visible well into the end of the decade. The update eased some fears that the artificial intelligence investment cycle is cooling, even as shares of several semiconductor names came under pressure on profit-taking and valuation concerns.
