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International Business Times
International Business Times
World
Richard CARTER

'Positive Signs' For Chip World As ASML Profits Soar

Positive signs for ASML (Credit: AFP)

Dutch tech giant ASML, which supplies chipmaking machines to the semiconductor industry, reported Wednesday a rise in annual net profit despite a high-tech trade spat between China and the West.

Net profits came in at 7.8 billion euros ($8.5 billion) for 2023, the firm said in its annual results, compared to 5.6 billion euros the previous year.

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