ASML Results Will Provide Significant Relief to Market -- Market Talk

Dow Jones

01-29

0737 GMT - ASML Holding reported a strong set of earnings and orders for the fourth quarter that should inject some relief into the market after the DeepSeek fallout earlier in the week, Citi analysts write in a note to clients. The Dutch semiconductor-equipment maker ended the year with a strong fourth-quarter order intake of 7.09 billion euros, the analysts say, noting the figure is well ahead of even the most bullish expectations. Analysts had forecast 3.99 billion euros in orders, according to consensus estimates by Visible Alpha. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

January 29, 2025 02:38 ET (07:38 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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