ASML faces uncertain 2024 with export restrictions and transition period
ASML refers to the list of export restrictions imposed on the company over time as business risks. While the impact of the pandemic on the chip industry is slowly being faded out, good results in 2024 are not assured due to the export restrictions. In addition, the company is taking this year to pr... Read more
Cloudflare is extending the lifespan of its servers
Cloudflare is going to extend the lifespan of its current server farm. This will subsequently save on operational costs.
Cloudflare is going to extend the lifespan of its server farm. Cloudflare CFO Thomas Seifert announced this in a call on the 2023 annual results. Seifert indicated that throug... Read more
ASML hits record annual revenue of 27.6 billion euros in turbulent 2023
ASML recently presented its annual figures for the turbulent year 2023. The company posted record sales of 27.6 billion euros. 2024 is expected to be a 'transition year'.
ASML recorded a total revenue of 27.6 billion euros in 2023, as stated in its annual report for last year. On an annual basis... Read more
Intel records hefty revenue drop in 2022
Intel's annual figures are out. Revenue staggered over 2022. The chip giant said it expects a setback in the first quarter of 2023.
Intel generated €58 billion ($63.1 billion) in revenue in all of 2022. The figure is down 20 percent from 2021, when $79 billion in sales was credited to the boo... Read more
VMware outperforms expectations and sees its annual revenue grow by 14 percent
VMware has published its figures for the past year. In the financial year 2019, the company's turnover was 14 percent higher than in 2018. This was mainly due to the strong performance of the company's products and high licensing income.
Last Thursday, VMware published (PDF) its fourth quarter resul... Read more