Subscriber's Comment - ASML Orders Disappointments highlights chip cyclicality, oil prices drop on abundant US supply, coffee surges
ASML Orders Dive as Chipmakers Pause High-End Gear Purchases – This article from Bloomberg may be of interest. Here is a section:
“Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry’s continued recovery from the downturn,” Chief Executive Officer Peter W…