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Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns

By Yahoo! Finance   |   Sep 20, 2024 at 08:20 AM EST
Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns

Morgan Stanley downgraded ASML's earnings estimates due to memory chip market weakness and concerns over demand from Chinese chipmakers and Intel. Despite this, ASML is expected to see strong demand in 2025.

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