Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Samsung Electronics Delays ASML Equipment Deliveries
Samsung Electronics has delayed the delivery of chipmaking equipment from ASML for its upcoming $17 billion factory in Taylor, Texas. According to sources, the company has yet to secure major customers for this ambitious project, leading to a temporary halt in orders from various suppliers.
This delay represents a significant setback for Samsung's strategy to diversify from its core memory chip business into the lucrative contract chip manufacturing market, dominated by Taiwan's TSMC. As TSMC and SK Hynix ramp up production to meet the rising demand for advanced chips driven by artificial intelligence (AI), Samsung finds itself at a critical juncture.
ASML, the leading supplier of chipmaking equipment, has also revised its 2025 sales forecast downward due to decreased demand in markets outside of AI. The delayed shipments to Samsung's factory involve ASML's cutting-edge extreme ultraviolet (EUV) lithography machines, which are essential for producing high-performance chips used in smartphones and AI servers.
While Samsung has not disclosed how many EUV machines it has ordered, the advanced equipment typically costs around $200 million each. Both ASML and Samsung declined to comment on the situation.
