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ASML Misses Q1 Booking Estimates Amid Slower Demand for Advanced Chip Equipment

AsianFin -- ASML, the world’s leading provider of semiconductor manufacturing equipment, reported first-quarter bookings on Wednesday that fell short of market expectations.

The Dutch tech giant posted net bookings of €3.9 billion ($4.4 billion) for the January-March period, well below the €4.89 billion consensus forecast compiled by research firm Visible Alpha. The shortfall reflects softer demand for its advanced chip-making tools.

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