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ASML's lowered outlook suggests factory overcapacity, not chip doom

Computer chip equipment maker ASML's deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over worries that global chip demand...

By: Yahoo Entertainment

Oct 18 2024
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ASML's lowered outlook suggests factory overcapacity, not chip doom

By Max A. Cherney and Stephen Nellis
(Reuters) - Computer chip equipment maker ASML's deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over worries that global chip … [+2850 chars]

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ASML's lowered outlook suggests factory overcapacity, not chip doom

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