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UPDATE 3-ASML shares at record after fourth quarter tops forecasts

2015-01-21 12:44:39| Semiconductors - Topix.net

ASML Holding NV, the world's largest maker of semiconductor production equipment, has reported forecast-beating results on the back of stronger-than-expected demand from memory chip makers, sending its shares to a record high. The Veldhoven, Netherlands-based company's results remain sensitive to cyclical swings in the chip sector but the group has recently hit a strong run of form, driven by consumer demand for new mobile phones and other communication products.

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