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ASML Is Positioned For A Cyclical Upswing With EUV [Seeking Alpha]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Strong free cash flow will follow inventory drawdowns as orders flow. The adoption of EUV technology by Intel and Taiwan Semiconductor is expected to drive significant investments in ASML's advanced high NA machines. Management anticipates significant growth resulting from key themes in data centers and energy transmission, driving demand for ASML's manufacturing equipment. ASML ( NASDAQ: ASML ) reported a continuation of the cycle downturn for q1'24 with anticipation of a continued decline into eq2'24 before realizing an upswing in the back half of the year. As the semiconductor manufacturing industry shifts production to Recommended For You Recommended For You About ASML Stock More on ASML Related Stocks Trending Analysis Trending News
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