ASML says it may not achieve 2026 growth
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The company warned that it could no longer guarantee growth in 2026, overshadowing what was otherwise a strong quarter.
The Dutch firm, which is vital to the world’s chipmaking supply chain, indicated that it may not see growth next year. Here’s why.
Chipmaking equipment supplier ASML said the impact of US tariffs was “a bit less negative than we anticipated”, as artificial intelligence drove strong orders for its lithography machines.
ASML Holding N.V. beats Q2 expectations with strong bookings and 2025 guidance. Click for my updated look at ASML earnings and why I remain bullish on the stock.
A Dutch court has convicted a 43-year-old Russian man for breaching international sanctions. He was accused of sharing sensitive information from Dutch semiconductor company ASML and another tech firm with someone in Russia.
The equipment supplier to semiconductor makers posted revenue of $8.73 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $8.55 billion. ASML shares have increased 19% since the beginning of the year. The stock has declined 23% in the last 12 months.
The 43-year-old man passed sensitive microchip technology to Moscow in breach of Western sanctions. Read more at straitstimes.com. Read more at straitstimes.com.