Previous close | 910.00 |
Open | 957.44 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 898.62 - 964.52 |
52-week range | 560.00 - 1,055.00 |
Volume | |
Avg. volume | 2,261 |
Market cap | 380.59B |
Beta (5Y monthly) | 1.12 |
PE ratio (TTM) | 50.00 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 7.60 (0.79%) |
Ex-dividend date | 26 Apr 2024 |
1y target est | N/A |
ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech company through the US/China "chip war", while maintaining the group's lead over rivals and managing the current AI boom. Fouquet, whose appointment as CEO was approved at the semiconductor equipment maker's annual meeting on Wednesday, inherits a company that is profitable and dominant in its field, but potential pitfalls abound. Export restrictions imposed by the United States and the Netherlands mean the upper half of ASML's product range cannot be sold in China, one of its biggest markets.
AMSTERDAM (Reuters) -ASML has approved the appointment of Christophe Fouquet as the company's new CEO. Fouquet, 50, took up his new role as chief of Europe's largest technology company at ASML's annual meeting in Veldhoven, Netherlands, on Wednesday. "I'm very happy ... to be able to write the next chapter of ASML and to continue to build significant value for our shareholders," Fouquet said.
The outgoing chief executive of top semiconductor equipment supplier ASML said on Wednesday that the U.S. government will prevent the company from servicing some machines it has previously sold to Chinese customers in some cases. Such restrictions "will not have a significant effect on the 2025 to 2030 financials, because it will be a limited number" of Chinese plants that are affected, Peter Wennink said. ASML, the largest maker of equipment used to manufacture computer chips, has faced a series of restrictions and licensing requirements from the U.S. and Dutch governments in selling its more advanced equipment lines to Chinese customers.