On Wednesday, shares of ASML Holding N.V. (ASML) were stable (-0.02%) at $549.38. Roger Dassen, Chief Financial Officer of the group, said that the Dutch semiconductor equipment company ASML Holding expects revenue to rise in 2021, largely thanks to continued high demand from processor manufacturing firms and the turnaround in the industry.
Coming on the heels of surging demand for artificial intelligence, high-performance, 5G computers, Dassen said, ASML expects revenue to rise 10 percent in 2021. The turnaround seen last year by ASML’s memory processor customers is expected to begin in 2021, largely because of the data center demand. If we’re not facing further restrictions here, then we think there’s still some room for progress, said Dassen.
Moderna, Inc. (MRNA) stock was also stable (+0.1%) on the day to close the session at $125.14. The head of Moderna Inc. said that in the first 100 days after taking office this Wednesday, the pharmaceutical industry is on pace to manufacture enough doses of the Covid-19 vaccine to reach President-elect Joe Biden’s 100 million vaccine goal.
Stéphane Bancel, the company’s chief executive, said Tuesday that Moderna plans to distribute 100 million doses of the vaccine, requiring two doses per user, to be used by the end of March in the United States, with new doses to come later. In an interview given to The Wall Street Journal, Bancel said that, on the supply side of the market, we are on target to provide enough doses to fulfill the president’s target.
At the Wall Street closure, a day after the unveiling of its new contract with Walmart, The Western Union Company (WU) was down -1.83% to $21.96. The money transfer business will collaborate with the department stores of Walmart in the US. The facilities of Western Union, which will provide domestic and foreign money transfers, bill payments, and payment orders, are scheduled to be available from spring 2021.
In the last three months, Western Union’s stock has risen 1.1 percent, while Walmart’s stock has risen 1.2 percent. However, Walmart Inc. (WMT) climbed +1.48% in the Wednesday session to conclude at $145.51.