💨 Abstract

ASML, a leading computer chip equipment manufacturer, has stopped publishing new order bookings due to their volatility affecting share prices. The company prefers to base forecasts on discussions with chipmakers about capacity plans. Analysts find it regrettable but understandable as it's not a reliable measure of the business's long-term health. The fourth-quarter bookings were 7.1 billion euros, higher than the third quarter's 2.6

Courtesy: theprint.in

Summarized by Einstein Beta 🤖