ASML Illustrates the Hidden Costs of Tariffs —Heard on the Street
In This Article:
Chip-manufacturing equipment giant ASML offers perhaps the most clear-cut illustration yet of how U.S. tariffs are rippling through the industry’s complex supply chain. Chips and the pricey equipment ASML produces are for now exempt from the levies. Citing the uncertainty, ASML widened its revenue and gross-margin guidance range for this quarter.
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