Tech firm ASML sees lower profit amid US-China trade feud
Dutch firm ASML, a major equipment supplier to the semiconductor industry, announced on Wednesday a drop in profits last year amid tech trade frictions between China and the United States. The group reported a net profit of 5.6 billion euros ($6.1 billion) for 2022, 4.4 percent lower than in the previous year. But the maker of lithography machines that print microchips said it expects