Chip Equipment Maker's 2025 Sales Down
This is a China news story, published by CNBC, that relates primarily to Abishur Prakash news.
China news
For more China news, you can click here:
more China newsAbishur Prakash news
For more Abishur Prakash news, you can click here:
more Abishur Prakash newstech giants news
For more tech giants news, you can click here:
more tech giants newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech giants news, you might also like this article about
global chip supply chain. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Taiwan Semiconductor Manufacturing news, chip equipment maker news, tech giants news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
chip equipment maker ASMLCNBC
•ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
79% Informative
Dutch chip maker ASML says it expects net sales for 2025 to come in at the lower half of a range it had provided previously.
The Dutch tech giant is feeling the brunt of U.S. restrictions on sales of advanced chipmaking tools to China .
ASML shares plunged as much as 16% on Tuesday in response, causing the firm to shed $50 billion in market capitalization in a single day .
Analysts at Bank of America said the firm faces a "sharp decline in China revenues" They added that ASML 's forecast of China accounting for around 20% of its revenue in 2025 , implies a 48% revenue decline year-over-year .
ASML is "severely restricted by export controls," expert Abishur Prakash said.
VR Score
89
Informative language
94
Neutral language
76
Article tone
formal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links