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China still ASML’s biggest market, but falling sales cause drop in profit
Amid the semiconductor industry’s slowdown and increasing geopolitical tensions, Dutch chip machine-maker ASML reported a decrease both in sales and profits. Europe’s most valuable tech company saw orders fall to €3.6bn in the first quarter of 2024, down from €9.2bn in the previous quarter. Its net profit also dropped to €1.2bn — a 37% decrease compared to Q4 2023. “We see 2024 as a transition,” ASML's President and CEO Peter Wennink said in a statement. Wennink expects a stronger...
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It’s Time For A U.S. STEM Talent Strategy To Compete With China
It’s Time For A U.S. STEM Talent Strategy To Compete With China Authored by Dan Reed & Dario Gil via RealClear Wire, U.S. innovation fuels our economic strength and is vital for our national security. Released last earlier this month, the National Science Board’s congressionally mandated State of U.S. Science and Engineering Indicators report shows that an accelerating science, technology, engineering, and math (STEM) talent crisis is imperiling America’s economy and security. ...
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The Sixers are in the NBA’s play-in tournament for the first time. Here’s everything to know.
The Sixers will face Jimmy Butler and the Miami Heat, who advanced out of the play-in tournament last season and made it all the way to the NBA Finals.