What Chipmaking Equipment Giant ASML's Q3 Results Said About AI Demand, China Trade
1. ASML anticipates significant decline in China sales due to trade headwinds. 2. The company sees strong AI demand, boosting customer investments. 3. ASML reported EPS above estimates but revenue missed predictions. 4. Current-quarter forecasts suggest strong sales above analyst consensus. 5. ASML shares rose by 3%, reflecting positive sentiment in semiconductor stocks.