FILE PHOTO: ASML logo is seen in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration
AMSTERDAM (Reuters) - ASML Holding NV, a key supplier to computer chip makers, reported better than expected first-quarter earnings on Wednesday despite signs of weakness in chip markets.
The report showing healthy earnings at Europe's largest technology company follows news that customers including Samsung will cut production because of a downturn in semiconductor demand, while memory chip manufacturers SK Hynix and Micron have cut spending plans.
