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ASML Releases Impressive Q1 2023 Report, Predicts Bullish Sales to China

Despite the great ASML Q1 2023 earnings, sales of chips to China slowed down within that time period as geopolitical tension between China and the United States took a new twist. Netherlands-based chipmaker ASML Holding NV (NASDAQ: ASML) has projected its sales and earnings to the Chinese mainland will skyrocket for the rest of 2023 after it recorded a significant slowdown in its business in the region in the first quarter (Q1 2023). The projections came after the company reported a...

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