ASML Capacity-Expansion Guidance Takes Focus Ahead of Oct. 14 Results

ASML’s capacity-expansion guidance is a key focus ahead of its earnings report as the semiconductor sector’s rally cools and investors seek support for market confidence. U.S. chip stocks fell again, while South Korean semiconductor shares dropped to a two-month low Tuesday. Investors will watch results from ASML and important customer Taiwan Semiconductor Manufacturing Co. over the following 48 hours after 5:17 a.m. ET (09:17 UTC) Oct. 13. The results are expected to offer fresh signals on semiconductor demand and ASML’s ability to expand supply. ASML’s scheduled release is also the next major event for the stock.

Source: TokenPost