NasdaqGS:ASMLSemiconductor
ASML Balances Record Orders Buyback And Job Cuts In AI Chip Cycle
ASML Holding (NasdaqGS:ASML) reported record net bookings in the fourth quarter, pointing to strong demand for its advanced chip-making equipment.
The company announced a new multi-year €12b share buyback program alongside a higher dividend.
ASML plans to streamline operations by cutting about 1,700 jobs as part of an efficiency push.
ASML Holding, a key supplier of extreme ultraviolet lithography systems to leading chipmakers, is positioned at the center of the AI chip build-out. Its...