0846 GMT - ASML Holding's flexibility to adjust prices for its semiconductor-making machines remains the Dutch group's main earnings lever, UBS analysts write in a research note. ASML's finance chief Roger Dassen in July alluded to the possibility of price increases, saying in an earnings call that a tight chip market gave the company better pricing power. Chip makers need more of its machines to churn out increasingly powerful chips that can be used for artificial intelligence. Analysts say they expect customer negotiations to support further price increases across ASML's lineup of deep ultraviolet and extreme ultraviolet machines. ASML shares trade 0.6% lower at 1,513.00 euros.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.