(Bloomberg) -- ASML Holding NV posted orders that fell short of analysts’ expectations, as Taiwanese and South Korean chipmakers held off buying the Dutch firm’s most advanced machines.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Powell Signals Rate-Cut Delay After Run of Inflation SurprisesRed Lobster Considers Bankruptcy to Deal With
ASML will be missing out on a lot of Chinese sales, this ought to hurt its R&D budget.
Hurt its R&D budget right when Chinese competitors are going to emerge from the woodwork to start eating at market share. I’d be curious to know how much of ASML’s revenues come from orders of top of the line machines vs parts and services for older machines, or even new production of older machines