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UBS: ASML may raise its outlook again this year

MarsBitNews
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Mars Finance News, in a note to clients, UBS analysts wrote that ASML may raise its outlook again when it reports second-quarter results on July 15. The Dutch semiconductor equipment supplier expects sales between 36 billion and 40 billion euros this year. Analysts said that as demand for chip-making equipment continues to grow, the group could lift its guidance to the upper end of that range, or possibly slightly above it. ASML expects a gross margin between 51% and 53%, a closely watched measure of pricing power and profitability. Analysts said they see room for a moderate upward revision toward the upper end of that range. (Cailianshe)
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