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TSMC, ASML In Geopolitical Crosshairs

NewsTech

Published:

This was not supposed to happen. The ongoing rush for AI GPUs was supposed to keep investors focused on ASML's soaring order book for its cutting-edge chip manufacturing machines, and TSMC in the limelight as the largest contract chip manufacturer in the world. Yet, geopolitics has a uniquely disruptive way of upending even the most pristine of bullish cases. ASML, TSMC Earnings Overshadowed By Evolving Geopolitics $ASML Q2 Earnings Highlights: 🔹 GAAP EPS: €4.01 (Est. €3.54) 🟢🔹 Revenue: €6.24B (Est. €6.03B) 🟢🔸 Backlog: €38.9B, up 11% YoY🔸 Net Bookings: €5.6B, up 24% YoY 🔸 EUV Orders: €2.5B, up 281% YoY […]

Read full article at https://wccftech.com/tsmc-asml-in-geopolitical-crosshairs/

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