ASML's Second-Quarter Net Income Drops 19% To $1.7B, Net Bookings Surge On AI Chip Demand

This post was originally published on Forbes Middle East

ASML reported an 18.7% year-on-year plunge in net income to $1.7 billion (EUR 1.6 billion) in the second quarter of 2024 due to reduced sales but saw a significant increase in net bookings for its machinery.