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Chip gear provider ASML shares drop 11% on cautious 2026 growth outlook
ASML’s revenue rose 24% in the second quarter to €7.7 billion, or $8.95 billion. The consensus estimate projected €7.52 billion. ASML Chief Financial Officer Roger Dassen told investors that the better-than-expected sales increase was partly driven by upgrades made to customers’ EUV equipment.
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 ...
A Dutch court has convicted a 43-year-old Russian man for breaching international sanctions. He was accused of sharing ...
Chipmaking equipment supplier ASML said the impact of US tariffs was “a bit less negative than we anticipated”, as artificial ...
"ASML is for the Netherlands an extremely important, innovative industry that should not suffer under any circumstances, because that would damage ASML's global position," he added.
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