[LONDON] The second quarter ASML Holding orders come after the AI boom accelerated the demand for sophisticated chip manufacturing machines, and even if they typing a careful note in 2026, they spurred demand for sophisticated chip manufacturing machines.
The Dutch company reported order reservations of 5.5 billion euros (SG$8.2 billion) over the period, as stated in a statement on Wednesday (July 16). This is compared to an average estimated 4.8 billion euros from analysts on data compiled by Bloomberg.
“Looking at 2026, we see that the foundations for AI customers are strong,” Fouquet said in a statement. “At the same time, the uncertainty driven by macroeconomic and geopolitical developments continues to increase. Therefore, we cannot confirm it at this stage while preparing for growth in 2026.”
ASML, which counts Taiwanese semiconductor manufacturers and Intel among its customers, is the only company that makes extreme ultraviolet (EUV) lithography, and is poised to make profits from a hundreds of millions of US dollars in AI data centers. This technology is needed to produce the most cutting-edge chips of Nvidia, the backbone of many of the planned AI infrastructure.
Signs of melting between the Trump administration and Beijing could work for ASML. On Tuesday, Nvidia and Advanced Micro Devices said they would resume selling chips to China, which had previously been blocked, after obtaining guarantees that the cargo would be approved from Washington.
ASML faces many restrictions on sales to China, which was the company's second largest market in the first quarter. Due to US-led restrictions, the most advanced EUV machines could not be sold to China.
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Last year, the Dutch government also blocked deep UV lithography systems immersed in the country after pressure from the US.
ASML forecasts net sales of 7.4 billion euros to 7.9 billion euros for the third quarter, with an annual net sales of 15%.
Along the supply chain, the belt tightening also hit ASML. Intel is cutting costs with restructuring, including delays in planned plants in Germany and Poland.
Samsung reported its first profit decline since 2023 last week as it lost market share in the AI market, but some analysts expect the company to bottom this summer.
ASML shares rose 2.7% to 706.10 euros in Amsterdam on Tuesday. They fell 28% last year. Bloomberg
