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home / news releases / ASML - Chip stocks sink on Intel production plans


ASML - Chip stocks sink on Intel production plans

On the Q4 earnings call, incoming Intel CEO Pat Geisinger says he believes "a majority" of the company's 2023 products will still be handled internally, though it's "likely" outside foundries will be used more than in the past sent chip stocks lower.Pat Geisinger will be providing more commentary on the progress of 7-nanometer with specifics on manufacturing plans for 2023 products after he joins in mid-February.(ASML) -1.4% pre-market, (STM) -2.8%, (IFNNY) -3% in France.

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Chip stocks sink on Intel production plans
Stock Information

Company Name: ASML Holding N.V.
Stock Symbol: ASML
Market: NASDAQ
Website: asml.com

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