Bloomberg News

ASML Falls in Amsterdam Trading on Third-Quarter Order Forecast

July 13, 2011

July 13 (Bloomberg) -- ASML Holding NV fell in Amsterdam trading after Europe’s biggest semiconductor-equipment maker forecast third-quarter orders won’t exceed 500 million euros ($700 million).

Veldhoven, Netherlands-based ASML dropped 8.3 percent to 23.58 euros as of 9:02 a.m. local time.

“Our customers are currently taking some time to assess the semiconductor end-demand trends for 2012 before determining their overall capacity plans levels and timings,’’ Chief Executive Officer Eric Meurice said today in a statement.

ASML’s second-quarter net income beat analysts’ estimates.

To contact the editor responsible for this story: Martijn van der Starre at vanderstarre@bloomberg.net


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