ASML Stock Jumps as Chip Giant Delivers on Q3 Earnings

TLDR ASML reported Q3 revenue of €7.5 billion and net income of €2.1 billion, meeting guidance with earnings per share of €5.49. The company expects Q4 sales between €9.2 billion and €9.8 billion with up to 53% gross margin, forecasting 15% full-year growth. AI-driven demand continues to expand across both leading-edge logic and advanced DRAM [...]

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