ASML recently warned that despite beating expectations for Q2 revenue and profits, it anticipates no growth in 2026 due to economic uncertainties, particularly related to US customs policies. Shares fell 6.5% after the company missed guidance for Q3 revenue, projecting between €7.4 billion and €7.9 billion, compared to market expectations of €8.3 billion.
For 2025, ASML expects a 15% increase in net sales, reducing its forecast from €300 billion to €32.5 billion. CEO Christophe Fouquet highlighted strong demand from AI customers but noted growing macroeconomic risks that cast doubt on 2026 growth.
In Q2, ASML reported net sales of €7.7 billion, exceeding forecasts. The company credits this success to revenue from machine upgrades and more favorable tariffs. ASML is crucial to the semiconductor supply chain, producing extreme ultraviolet (EUV) lithography machines necessary for advanced chip manufacturing, with notable clients like Intel and TSMC. Demand for chips driven by AI is a significant growth driver, and ASML has introduced next-gen High NA EUV tools, enhancing its prospects despite current uncertainties.
Source link
