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ASML's lowered forecast suggests factory overcapacity, not chip doom
ASML's deep forecast cuts that sparked a global tech stock selloff signal overcapacity at chip factories rather than a slowdown in global semiconductor demand, analysts said. While the weaker 2025 sales outlook from the chip equipment maker on Tuesday raised fears of faltering global semiconductor demand,
ASML Orders Fall Below Forecasts, Weighing on Chip Stocks
ASML posted orders below analysts’ expectations as chip makers held back spending on key production equipment in anticipation of a rebound in semiconductor demand.
ASML’s Lowered Outlook Sparks Concerns Over Factory Overcapacity
ASML’s downgraded 2025 sales forecast has sparked a major sell-off in chip stocks, causing concerns about potential faltering global chip demand. However, analysts suggest the issue may lie in factory overcapacity rather than a decline in demand.
ASML shares plunge on lowered 2025 revenue forecast
However, ASML warned that its momentum won’t carry over into next year. The company estimated today that its 2025 revenue will range between €30 billion and €35 billion, down from the €30 billion to €40 billion it had projected previously.
CCJ
13h
Class 8 market still impacted with overcapacity; used truck sales beat expectations
As overcapacity dampens demand for Class 8 market, used truck retail sales volumes in September saw an 11% month-over-month ...
Opinion
19h
Opinion
China's overcapacity can help the world
BEIJING - At an international symposium on “80 Years after Bretton Woods” in Hangzhou this past May, I proposed a “Global ...
Fleet Owner
13d
How today's carrier overcapacity could resolve in 2025
Industry leaders at Wabash Ignite share the history behind the freight market’s carrier overcapacity and how capacity could ...
Rapid City Journal
13h
Humane Society of the Black Hills faces overcapacity
The shelter is beyond its limits, and staff struggle to manage the overwhelming number of surrendered and stray animals.
SteelTimesInt
7d
Global overcapacity requires immediate attention
The latest data disclosed by the Global Forum on Steel Excess Capacity (GFSEC) has revealed a further increase in global ...
7d
on MSN
Overcapacity in Saskatoon's Royal University Hospital leads to health and safety notice
RUH was issued a notice of contravention from Occupational Health and Safety on Oct. 2 stemming from overcapacity and the ...
9d
Frontier Airlines: Turbulence Ahead With Overcapacity, Climbing Costs
Frontier Group Holdings stock is down 65% since its IPO due to overcapacity and rising costs. Check out why I am maintaining ...
ttgmedia.com
12d
Overcapacity, influencers and the rise of Greenland, plus six other expedition cruise talking points
How can agents help expedition cruise lines fill their new ships? Should these lines invite influencers onboard to promote ...
1d
on MSN
Wake Schools adjusts reassignment plan for next year, some families still pushing for changes
More families would be able to stay at their current school next year under a revised student assignment plan proposed by the ...
Travel Weekly
5d
CrowdStrike outage and industry overcapacity take toll on Delta in Q3
However, Delta expects a better Q4 now that U.S. airlines have moderated capacity to more closely match demand.
WLRN
6d
South Florida animal shelters, again, at overcapacity
With overcrowding still present at Broward County Animal Care, the shelter's fall pet drive aims to help pets find a home ...
Opinion
2d
Opinion
Workers, businesses need trade laws enforced to save U.S. epoxy resin production
For years, American officials have warned that China’s industrial overcapacity would lead to lost jobs in the United States ...
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