ASML, STMicro on Cusp of Chip Comeback: EMEA Earnings Week Ahead
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The clouds appear to be lifting for the global chip industry after a year riven by weak demand and geopolitical pressures, promising relief for ASML Holding NV and STMicroelectronics NV, reporting this week.
While a meaningful recovery may still be some way off, a bullish outlook from Taiwan Semiconductor Manufacturing Co. last week could be a sign the worst of the downturn has passed.