ASML CEO Fouquet Says China Opportunity Remains Significant; Refuses To Comment On Rumors Of US Push For China Curbs
Portfolio Pulse from Benzinga Newsdesk
ASML CEO Fouquet highlighted the significant opportunity in China during an investor call but declined to comment on rumors about potential US-imposed curbs on China.
July 17, 2024 | 1:19 pm
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ASML CEO Fouquet emphasized the significant market opportunity in China but did not address rumors about potential US-imposed trade curbs on China.
The CEO's emphasis on China's market potential is positive, but the refusal to comment on US-China trade curbs introduces uncertainty. This mixed message is likely to result in a neutral short-term impact on ASML's stock price.
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