ASML Calms 2026 Growth Fears Amid China Sales Decline Warning
Dutch semiconductor equipment giant ASML is seeking to alleviate concerns over its 2026 growth prospects despite warning of a significant sales decline in China. The company reported strong third-quarter results, with total net sales reaching €7.5 billion and a gross margin of 51.6%. ASML’s net bookings for the quarter stood at €5.4 billion, with €3.6…