ASML's China Market Dominance Despite Chip Equipment Challenges

1 min read
Source: Bloomberg
ASML's China Market Dominance Despite Chip Equipment Challenges
Photo: Bloomberg
TL;DR Summary

Despite export restrictions on high-end chipmaking equipment to China, ASML Holding NV's sales to China remained strong in the first quarter, with the country still representing 49% of the company's system sales. In contrast, sales from Taiwan more than halved, while the US accounted for 6%, down five percentage points from the prior quarter.

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