ASML Sees Chip Market Rebound, Says China Controls Aren't Hurting Business

ASML Sees Chip Market Rebound, Says China Controls Aren’t Hurting Business



ASML


Holding, a essential provider to the worldwide chip-making business, stated Wednesday that it expects to report greater than 25% gross sales progress this 12 months regardless of uncertainty within the semiconductor business amid efforts by the U.S. to limit China’s entry to high-end know-how. 

Dutch firm ASML (ticker: ASML) provides the “lithography” machines which might be important for manufacturing semiconductors, with clients together with


Taiwan Semiconductor Manufacturing


(TSM),


Samsung Electronics


(005930.Korea), and


Intel


(INTC).