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ASML Sees AI-Driven Orders Surge Amid China Sales Decline Forecast

ASML Holding, the leading chip equipment maker, has exceeded Q3 order estimates amid booming AI investments. However, the company anticipates Chinese sales to drop significantly next year following export restrictions. Shares rose 3.2% following the positive earnings report.

AI Investment Boom Drives ASML Performance

ASML Holding, the world’s largest supplier of computer chip-making equipment, has reportedly beaten third-quarter order estimates as the global rush toward artificial intelligence continues to drive demand, according to recent financial reports. The company’s net bookings reached 5.40 billion euros ($6.27 billion), surpassing analyst expectations of 5.36 billion euros.

Climate ControlEnvironment

UN Warns of ‘Extremely Dangerous’ Climate Era as CO2 Levels Spike at Record Rate

The United Nations weather agency has declared the world is entering an “extremely dangerous” climate era after carbon dioxide levels recorded their largest annual spike in human history. According to the World Meteorological Organization’s latest bulletin, CO2 growth rates have now tripled since the 1960s, reaching concentrations not seen in at least 800,000 years.

Unprecedented CO2 Surge Signals Climate Emergency

The United Nations weather agency has warned that the world is entering an “extremely dangerous” climate era after carbon dioxide levels in the atmosphere jumped by the highest amount on record last year. According to reports from the World Meteorological Organization, the increase in the global average concentration of CO2 from 2023 to 2024 represented the highest annual level since measurements began in 1957.