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Consequently, AMAT is now trading at a forward P/E of 34x, nearly double its 10-year median of approximately 18x, and is ...

Intel fell behind TSMC in the process race over the past decade. It plans to reclaim that lead by adopting ASML’s high-NA systems first. That’s a costly effort, but it might pay off in the long run.

Surging demand for artificial intelligence drove Dutch semiconductor equipment maker ASML to a record profit last year, even as the company announced plans to cut about 1,700 jobs to streamline operat ...