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CHIPMAKING MACHINES SALES
US Stocks: 3M lifts annual profit forecast on cost controls, price hikes3M has revised its profit outlook for the year, expecting a boost in adjusted earnings per share. Their quarterly revenue reflects growth t...
From rocks to riches: India’s unfinished critical minerals storyIndia's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The r...
AI boom drives record sales at Dutch tech giant ASMLASML, a leading Dutch technology firm, has announced unprecedented profits, fueled by a surge in demand for semiconductor manufacturing rel...
EU and China strike interim trade deal that could cut Chinese hybrid exportsChina and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on cer...
Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
ASML turned an old BBC description into a badge of honor as its chipmaking technology took off - why “relatively obscure” is printed on its hoodieASML has transitioned from being relatively obscure to becoming a key player in the chip technology arena. While it does not manufacture co...
AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
US stock: S&P 500 ends lower as investors weigh data, Middle East tensionsThe S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlo...
A machine made by China sends shockwaves in the chip industryChina has begun mass-producing its own lithography machines, challenging ASML's global dominance. This development marks a significant step...
Explained: The $400 million ASML 'printers' key for the AI chip boomAdvances in AI and a global buildout of data centres have led chipmakers to expand capacity rapidly. ASML supplies tools to TSMC, which mak...
China's chip tool push shows ASML caught in US-China squeezeOn the one hand, US controls on exports of high-tech goods to China are threatening to reduce access to a major market; and on the other, B...
China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
Global Market: ASML raises 2026 outlook as AI boom drives strong earnings, plans capacity expansionASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimates on surging AI chipmaking demand...
Dutch tech giant ASML sees profits rise but warns on 2026ASML reported Q2 2025 net profit of €2.3 billion, up from €1.6 billion, with sales reaching €7.7 billion. However, the firm warned of 2026 ...
Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources sayThe delay in equipment deliveries is a fresh setback to the Taylor project, which is at the heart of Samsung chairman Jay Y. Lee's ambition...
ASML's lowered outlook suggests factory overcapacity, not chip doomASML's stock plummeted to its biggest single-day loss in a quarter century on its downgraded forecast. In results that the company inadvert...
Tokyo Electron prepares India expansion as Modi lures chipmakersTokyo Electron Ltd. plans to hire and train chip engineers in India by 2026, aligning with the Modi government's push for semiconductor man...
Why maintaining ASML equipment is the new front in US-China chip warASML dominates the market for lithography tools - huge expensive, complex machines that perform one step in the chipmaking process, helping...
Timeline of US actions against China's chip industryThe US and the Netherlands are set to deliver a one-two punch to China's chipmakers by further curbing sales of chipmaking equipment.
Netherlands to restrict semiconductor tech exports to China, joins US effortThe announcement marked the first concrete move by the Dutch, who oversee essential chipmaking technology, toward adopting rules urged by W...