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Stock impact report

China, future HQ: New ASML boss faces bulging in-tray [Yahoo! Finance]

KLA Corporation (KLAC) 
Last kla corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.kla-tencor.com/investor-relations
Company Research Source: Yahoo! Finance
ASML's strategic importance in manufacturing machines to make ultra-thin microchips that power much of the world's advanced technology has given it a role far beyond the commercial. Fouquet will have to navigate choppy political waters as Western powers led by the United States want to crimp Chinese access to such technology fearing it could be used for weapons. Analysts do not expect a radical shift for ASML under Fouquet -- after a 16-year career at the firm, he was the continuity candidate to replace current CEO Peter Wennink. "There should be no expectations that I will be turning the tables. I think that what we have been working on for many, many years is still what we want to achieve with ASML," said Fouquet when appointed. Patting him affectionately on the arm in a corporate video, Wennink said of his 50-year-old successor: "He's been with the company for so long and he knows all our customers, suppliers, people, shareholders." "He's a known entity." Born in 1973, Show less Read more
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