The design office points to ‘an acceleration in deliveries to meet demand, which paradoxically has consequences on short-term sales’, and considers that ‘the underlying demand is actually stronger than expected’.
Despite a low starting point in the first quarter, Oddo is raising its EPS forecasts for ASML by 3% in 2022 and 6% in 2023. According to him, the supplier for the semiconductor industry ‘will have to decide’ invest significantly.
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