ASML's Q2 Earnings Surge Amid AI Chip Demand Boost

👉 Key Highlights:
📍 ASML's Q2 net sales: €6.24 billion vs. €6.03 billion expected.
📍 Q2 net profit: €1.58 billion vs. €1.43 billion expected.
📍 Net sales fell 9.5% year-on-year; net income dropped 18.7%
📍 Net bookings: €5.6 billion, up 24% year-on-year.
📍 Forecast for Q3 net sales: €6.7-€7.3 billion.
📍 Full-year outlook remains unchanged despite market uncertainties.
📍 Strong AI developments driving industry recovery and growth.
📍 Geopolitical headwinds due to export restrictions impacting 10-15% of China sales.
📍 China accounted for 49% of ASML's sales in Q2.