Software behemoth Microsoft on Tuesday announced a blockbuster deal to buy video game publisher Activision Blizzard for $68.7 billion in cash. Read More...
Reuters
ASML Q4 earnings seen up 12%, eyes on Berlin fire impact
ASML Holding NV, a key supplier to computer chip makers, is expected to report a 12% increase in quarterly net profit on Wednesday and update customers on whether a fire at its factory in Berlin could affect production plans. Analysts are expecting ASML, Europe’s largest technology company by market capitalisation, to report fourth quarter net profit of 1.51 billion euros ($1.72 billion), up from 1.35 billion euros a year earlier, according to Refinitiv data. ASML is trying to expand production as its customers – which include TSMC, Samsung Intel – invest heavily in new capacity to try to ease a global semiconductor shortage.
