• (PLX AI) – ASML's guidance upgrade, as well as record bookings and backlog, show the company has long-term earnings power, analysts said.
  • • Shares were up 3% after Q2 beat expectations and Q3 outlook is higher than consensus estimated
  • • Another key positive was ASML now planning higher EUV capacity for 2023, analysts said
  • • ASML reported that 80% of its 2022 target of manufacturing 55 tools was already booked and is now planning for 2023 EUV production capacity of over 60 EUV tools
  • • The bottom line is a positive earnings report, with strong demand driving record bookings and backlog, Wells Fargo said

Quelle: PLX AI