On April 20th, the Dutch lithography machine manufacturer ASML announced its first quarter 2022 financial report before the US stock market opened on Wednesday. In the first quarter, the company’s revenue was 3.534 billion euros and net profit was 695 million euros, both higher than market expectations. Although the company’s forecast for the second quarter was lower than analysts’ expectations, ASML said that the market demand for chip manufacturing equipment exceeded the supply in the second quarter of this year, so it raised its long-term revenue forecast, maintaining a revenue growth rate of 20% this year and a 55% growth rate. Taiwan Extreme Ultraviolet Technology’s production capacity is expected to remain unchanged. Previously, in order to speed up the delivery of lithography machines, ASML decided to postpone equipment testing, which had a certain impact on the profit of the quarter. In addition, the company’s forecasted second-quarter revenue was lower than analysts’ expectations, which affected the market’s optimism about ASML’s stock price in the short term. The company’s chief financial officer, Roger Dassen, said that the second quarter did not include 800 million euros in outstanding accounts receivable in the current quarter’s revenue forecast. He said, “We expect shipments at the end of the second quarter to exceed the end of the first quarter.” Dason revealed that compared with 2020, the current production capacity of ASML’s EUV lithography machine has doubled. &ldqu .
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