The Hague, Jan 28, 2026 (AFP) - Dutch tech giant ASML posts bumper profits, cuts jobs

NAMPA / AFP

2026-01-28

Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a significant gain in annual net profit Wednesday but said it would cut hundreds of management jobs to improve internal organisation. Shares in the firm soared more than seven percent at the opening bell as it forecast another record sales year in 2026 driven by insatiable demand for artificial intelligence. ASML is a critical cog in the global economy,......

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