Before the U.S. stock market, star technology stocks generally rose. ASML (ASML. O) rose 3.5%. The company's third-quarter order volume reached 5.40 billion euros, exceeding market expectations and predicting continued strong results next year. TSMC (TSM. N) rose 3.4%, Alibaba (BABA. N), Broadcom (AVGO. O) and NVIDIA (NVDA. O) all rose about 2%. (Jin Ten)
Apr. 16 (Reuters) - ASML (ASML. O) posted lower-than-expected orders due to weakness in the chip industry in the quarter before U.S. tariffs threatened to upend the industry. The Dutch company's orders reached 3.94 billion euros ($4.47 billion) in the three months to March, with analysts averaging 4.82 billion euros, the company said in a statement released on Wednesday. It expects total net sales to be between 30 billion and 35 billion euros in 2025, ASML said. ASML is the sole producer of cutt...