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ASML Q2 Earnings Call Highlights
MarketBeat39d agoneutral
ASML Q2 Earnings Call Highlights

ASML (NASDAQ:ASML) reported second-quarter 2026 net sales and gross margin above its own guidance, driven by stronger-than-expected demand from its installed base business and continued customer investment tied to artificial intelligence, memory and advanced logic production. Roger Dassen, ASML’s e

Intel turns to next-generation ASML tool to help make its laptop chips
Reuters39d agoneutral
Intel turns to next-generation ASML tool to help make its laptop chips

Intel has decided to use a high-end machine from ASML to ‌manufacture some of its flagship Panther Lake laptop chips, ASML ‌said on Tuesday, a move that will help the chipmaker learn to use ​the tool more effectively. Following experiments that began in 2024, Intel has begun to use ASML's next-generation high numerical aperture (High NA) extreme ultraviolet (EUV) machines, which print circuit patterns on to microchips, to help produce a ‌portion of its Panther ⁠Lake processors, ASML said. The industry has debated at what point it makes economic sense to begin deploying the ⁠High NA tools, which likely will be needed by chipmakers in the future as they continue to shrink the atomic-sized features that ​make up ​chips.

Bloomberg39d agoneutral
ASML Raises Full-Year Outlook as AI Boosts Demand at Chipmakers

(Bloomberg) -- ASML Holding NV lifted its annual sales forecast for the second time this year as a surge in artificial intelligence spending drives demand for the Dutch company’s chip-making machines. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeTrump Drops 20% Fee for Hormuz Cargo After Gulf Pressure‘We Faltered’: IBM Plunges Most Since at Least 1968 on MissOpenAI’s First Device Will Be Mov

ASML tops Q2 estimates on AI chip demand
Reuters39d agoneutral
ASML tops Q2 estimates on AI chip demand

ASML, the world's biggest supplier ‌of equipment used ‌to manufacture computer chips, ​on Wednesday reported better-than-expected second-quarter revenue and profit, as demand from ‌makers of ⁠artificial intelligence chips offset uncertainty over ⁠sales to China. Revenue for the three months ​ended June ​30 ​was 9.33 ‌billion euros ($10.90 billion), compared with the 8.80 billion euros expected by analysts, according to LSEG ‌median estimates. Net income was ​2.92 ​billion euros, ‌compared with the 2.62 ​billion ​euros expected, according to LSEG data.

Asian shares rise after rally on Wall Street as data show US inflation slowing
Associated Press39d agobullish
Asian shares rise after rally on Wall Street as data show US inflation slowing

Asian shares mostly rose Wednesday, tracking a rally on Wall Street following a report that showed U.S. inflation was not as bad last month as economists expected. Shares in computer chipmaker SK Hynix rose 9.4%, while those of Samsung Electronics surged 6.1%. Hong Kong's Hang Seng edged up 1.5% to 24,701.10, while the Shanghai Composite lost 0.2% to 3,957.79 after the Chinese government reported the economy expanded at a 4.3% annualized pace in April-June, slowing sharply from 5% in the first quarter of the year.

Exclusive-Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Reuters39d agobullish
Exclusive-Stripe, Advent offer to buy PayPal for more than $53 billion, sources say

Payments company Stripe and private ‌equity firm Advent International ‌have made a joint offer to ​acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments ‌company at ⁠more than $53 billion, two people familiar with the ⁠matter said. The offer, submitted earlier this month, is backed by ​about $50 billion ​in committed ​financing from banks, ‌the people said, and represents around a 28% premium to PayPal's closing share price on Tuesday. ​Advent declined to comment, ‌while PayPal and Stripe ​did ​not immediately respond to Reuters requests for comment.

Bloomberg39d agoneutral
China Party Mouthpiece Warns Against ‘Iron Curtain’ in World AI

(Bloomberg) -- China will promote the sharing of artificial intelligence advances while fighting attempts to monopolize the technology, an influential state newspaper wrote, setting the tone for President Xi Jinping’s keynote remarks at the country’s premier tech summit. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf Pressure‘We Faltered’: IBM Pl

Microsoft CEO adds fuel to Palantir CEO’s AI warning
TheStreet39d agoneutral
Microsoft CEO adds fuel to Palantir CEO’s AI warning

It turns out that Palantir (PLTR) CEO Alex Karp’s thunderous warning about the AI industry wasn’t a one-off rant. Over the past couple of years, the word "AI" has become like a broken record, heard at least once almost every day, often followed by a wave of anxiety. What has happened amid all the ...

Bank of America sees Nvidia’s next $20 billion business
TheStreet39d agoneutral
Bank of America sees Nvidia’s next $20 billion business

Nvidia (NVDA) stock investors have been fed a familiar playbook. More robust accelerators, higher rack prices, and another wave of hyperscaler spending were expected to propel Nvidia stock's valuation to even more stratospheric levels. Bank of America's latest semiconductor outlook, shared with me, ...

Michael Burry's biggest moneymaker isn't a stock
TheStreet39d agoneutral
Michael Burry's biggest moneymaker isn't a stock

There is a version of getting rich on Wall Street that has nothing to do with being right about a stock. You can spend a career building a reputation and then, one day, discover the reputation itself is the position. It pays whether or not your next call works. It compounds while you sleep. It does ...

Walmart’s 7,200 price cuts land heaviest in one category
TheStreet39d agobearish
Walmart’s 7,200 price cuts land heaviest in one category

Walmart has lowered prices on a range of grocery staples, including ground beef, corn on the cob, cherries, and 24-packs of soda. The nation’s largest retailer recently unveiled a summer rollback campaign covering thousands of products across groceries, household essentials, and seasonal goods ...

Fast-food chicken giant quietly closed 207 U.S. restaurants
TheStreet39d agoneutral
Fast-food chicken giant quietly closed 207 U.S. restaurants

While running a fast-food giant might seem easy, few legacy chains have stood the test of time like McDonald’s (founded 1940) or KFC (founded 1952). Survival requires constant adaptation. According to Placer.ai, Q1 2026 U.S. quick-service restaurant (QSR) traffic grew just 0.1% year-over-year as ...

Bitcoin, Ethereum, XRP, Dogecoin Jump as Softer Inflation Dims Rate Hike Odds: Analyst Sees 'Bullish Case' Amid Muted Crypto Chatter
Benzinga39d agobullish
Bitcoin, Ethereum, XRP, Dogecoin Jump as Softer Inflation Dims Rate Hike Odds: Analyst Sees 'Bullish Case' Amid Muted Crypto Chatter

Leading cryptocurrencies rallied alongside stocks on Tuesday following cooler-than-expected inflation numbers, despite elevated geopolitical tensions remaining in place. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)+3.50%$64,752.40Ethereum (CRYPTO: ETH) +4.72%$1,876.36XRP (CRYPTO: XRP) +3.52%$1.10Solana (CRYPTO: SOL) +2.93%$77.59Dogecoin (CRYPTO: DOGE) +2.64%$0.07403 Crypto Market Rallies Bitcoin hit $65,000 for the first time in over three weeks, while Et