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ASML Reports Third-Quarter Earnings, Micron Stock Investors Reassured
- ASML reported third-quarter earnings on Wednesday morning.
- Revenue increased by 55% to 11.66 billion euros, slightly below the estimated 11.72 billion euros.
- ASML's stock fell 4% on Wednesday, aligning with a broader tech sector sell-off due to a higher-than-expected CPI.
- The earnings report should reassure investors concerned about the AI boom slowing down.
- ASML's performance is crucial for Micron stock investors.