Jul. 10 at 12:42 PM
$ASML's China sales surge, but can it last? 🚀🛑
Sales to China hit 27% of Q1 revenues, beating expectations with strong DUV demand. Yet, EUV restrictions due to export controls and rising trade tensions pose risks.
$ASML's shares have risen around 15.4% year to date, but geopolitical uncertainties loom large.
Opportunity assessment here 👉 https://www.zacks.com/stock/news/2570821/duv-demand-powers-asml-holding-in-china-will-export-curbs-cut-it-off?cid=sm-stocktwits-2-2570821-body-1133&ADID=SYND_STOCKTWITS_TWEET_2_2570821_BODY_1133