) , which sells equipment to chipmakers so that they could build their chips. {{0|ASML} } sales missed estimates and new orders came in way lower than expectations in Q1. They slumped by 60% compared to a quarter earlier. The key markets such as US and Taiwan – which buy the most advanced machines - showed signs of weakness whereas China made nearly half of the revenues with less advanced products. ASML shares fell more than 6.
This being said, the most popular chipmakers will be comparing their results to a stellar 2023 and beating overly optimistic expectations could be challenging.
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