Net bookings were driven by demand for ASML's most-advanced extreme ultraviolet lithography, or EUV, machines, for which €3 billion of orders were placed in the period
The second High NA tool is coming into our Oregon facility, Gelsinger said on the call, adding that the company's technology investments are 'showing good early indicators'
ASML dominates the market for lithography tools - huge expensive, complex machines that perform one step in the chipmaking process, helping to create circuitry
That's not just a challenge to Beijing, but also asks tough questions of allies - and presents Washington with a dilemma over how far it's willing to squeeze them to comply.
Top tech companies turn to a Dutch firm for ultra-advanced machines to make chips. The machines use light beams to make narrow circuits on chips - which are now the backbone of the world economy
ASML said the agreement began in 2018 and was slated to expire at the end of 2020, but the two companies agreed in February to extend the deal to the end of this year