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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 Netherlands needs more companies like ASML to drive innovation. For years, spending on research and development (R&D) has lagged behind the European target. ASML is investing a lot of money in ...
ASML Holding's Q2 earnings exceeded expectations with strong sales, high gross margins, and robust share buybacks. Read why I ...
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 ...
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 ...
"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.
Live Updates Live Coverage Updates appear automatically as they are published. Why is ASML Down? 7:04 am by Eric Bleeker So, ...
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