Sales to China support ASML's first-quarter earnings despite weak bookings
Net income in the first quarter was 1.22 billion euros, down from 2.05 billion euros in the fourth quarter of 2023 but slightly better than expected, according to LSEG data.
ASML dominates the market for lithography systems, machines which can cost hundreds of millions of euros each that use light beams to help create microscopic circuitry. (Image credit: Reuters)