ASML Profit exceeds expectations. It sees a recovery in the chip market.

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ASML


Holding, a critical supplier to the global chip industry, said Wednesday it expects revenue growth of more than 25% this year despite uncertainty in the semiconductor industry after beating analysts’ expectations for fourth-quarter earnings.

Dutch company

ASML


(ticker: ASML) supplies, among other things, the ‘lithography’ machines that are essential for the manufacture of semiconductors

Taiwan semiconductor

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(TSM),

Samsung


(KRX) and

Intel


(INTC).

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