AMSTERDAM, July 21 (Reuters) – ASML (ASML.AS), one of many largest suppliers to semiconductor firms worldwide, reported on Wednesday a 38% soar in second-quarter internet revenue to 1.03 billion euros ($1.22 billion), as gross sales continued to soar amid a world pc chip scarcity.
Gross sales jumped 22% on a yearly foundation to 4.02 billion euros, whereas chip makers elevated their orders for ASML’s lithography methods by 75% relative to the tip of the primary quarter to eight.3 billion euros.
“The demand continues to be excessive throughout all market segments and our product portfolio (as) the market is concentrated on growing capability,” Chief Government Officer Peter Wennink stated.
ASML hiked its outlook for 2021 gross sales development to 35%, after already tripling it to 30% in April, on the again of sturdy demand for each its cutting-edge chip manufacturing machines and utilisation software program to shortly improve the capability of present tools.
Analysts had anticipated the Dutch firm to report internet revenue of 1.02 billion euros for the April-June interval, on 4.08 billion euros of gross sales, in keeping with Refinitiv knowledge.
($1 = 0.8495 euros)
Reporting by Bart Meijer; Modifying by Jacqueline Wong and Subhranshu Sahu
Our Requirements: The Thomson Reuters Trust Principles.