VELDHOVEN, Netherlands :ASML Holding NV, an equipment supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings and forecast sales growth of more than 25 per cent in 2023.
CEO Peter Wennink said that although the economic outlook for 2023 is clouded by worries over the economy and growing semiconductor inventories, customers also see conditions improving toward the end of the year and China's economy recovering after the end of COVID-19 curbs.The numbers come a week after U.S. President Joe Biden and Dutch Prime Minister Mark Rutte discussed possible new export restrictions on sales of ASML's older equipment to customers in China due to security concerns.
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