Tag: ASML

Top US Chipmaking Equipment Supplier Accuses Chinese-Owned Rival of Trade Secret Theft Campaign

Applied Materials Inc. is suing Chinese-owned rival Mattson over an alleged 14-month orchestrated campaign to steal some of its most valuable intellectual property. The lawsuit mainly centers around Mattson dedicated efforts to lure key staff members away from Applied Materials and the suspicious circumstances coinciding with their departures. In little more than the span of…


US Purchases of Chipmaking Machines Soars to Record High

American purchases of computer chip-making machines from Taiwan rose to a record high in March as the United States continues to rebuild its domestic semiconductor industry. Taiwan Semiconductor Manufacturing Co. (TSMC) and several other major producers in Taiwan are vital players in the global supply chain of computer chips. Taiwan, the world’s largest producer of…


Dutch Government Blocks China From Access to Key Semiconductor Technology

The Dutch government agreed to block China from having access to chip manufacturing technology, heating up a longstanding conflict over semiconductors with Beijing. Chinese Communist Party (CCP) authorities slammed The Hague and accused the European Union state of siding with the United States in an ongoing chip war. The Minister for Foreign Trade and Development…


The Chips War Heats Up

Commentary First shots were fired last October when the United States passed the CHIPS and Science Act. It aimed directly at Beijing’s ambition to become the world’s preeminent maker of advanced computer chips. The law offers a significant subsidy for semiconductor manufacturers to establish and expand operations domestically. It also limits the ability to export…


Sanction Netherlands for Enabling Communist China

Commentary A highly advanced Dutch computer chipmaker is delaying an agreement on U.S. and allied export controls to keep selling its chipmaking machines to China. The company’s CEO and the Netherlands’ trade minister have both publicly resisted measures meant to contain the growing threat from Beijing. They should know that their technology would likely support China’s…


Samsung CEO Visits The Netherlands to Bolster Chipmaking Value Chain

Samsung Vice Chairman Lee Jae-yong recently visited the Netherlands to lay the foundations for the South Korean giant’s semiconductor value chain. Chipmakers racing to expand production amid a global shortage are competing to secure Dutch chipmaking equipment supplier ASML’s EUV lithography systems—devices essential to making advanced microchips. EUV stands for “extreme ultraviolet,” the wavelength of…


ASML Attempts to Supply Chipmakers With Critical Equipment as Chip Shortage Worsens

Major computer chip makers are facing a critical shortage of manufacturing equipment for the second year in a row as they attempt to increase production in the middle of a supply chain crisis. A global shortage has been causing problems for many chip-reliant industries since the waning of the initial COVID-19 pandemic, with manufacturers struggling…


Goldman Sachs Upgraded ASML to Conviction Buy: Read Why

Goldman Sachs analyst Alexander Duval upgraded ASML Holding NV to Conviction Buy from Buy with a €930 price target (57.20 percent upside). Duval sees ASML as a “core Digital Enabler” given its monopoly position on Extreme Ultraviolet Lithography. ASML’s de-rating from 29-times price to expected 2025 earnings to 23-times despite improving orders and customer datapoints has created an…


China Won’t Dare to Rupture Relations with US, Europe Over Russia-Ukraine Conflict, Economists Say

Although China and Russia have announced a “no limits” partnership, with “no forbidden areas of cooperation,” Beijing is unlikely to do anything to jeopardize its economic relationship with Europe and the United States, economists say, citing that China has long benefited from global integration and seeks to maintain the world economic order from which it…


ASML Clocks 17% Sales Growth in Q4; Strengthens Bond With Intel

ASML Holding NV reported fourth-quarter FY21 revenue of €4.99 billion, up 17.2 percent Y/Y and missed the consensus by €130 million. The Q4 net bookings were €7.1 billion. The gross margin expanded 219 bps Y/Y to 54.2 percent due to strong Installed Base revenue. GAAP EPS of €4.38 increased from €3.23 last year. ASML held €7.59…