Dutch semiconductor equipment giant ASML
on Wednesday looked to calm concerns over 2026 growth as it warned that it expects a “significant” sales decline in China.
The firm said it does not expect 2026 total net sales to be below 2025 and added that it will provide more details on its outlook in January.
Guidance was key for the firm after shares sank in July when it warned that it could not confirm growth in 2026 due to increasing macro-economic and geopolitical uncertainty.
The company continues to benefit from the AI boom with investments helping fuel orders of 5.4 billion euros ($6.28 billion) in the third quarter. However, CEO Christophe Fouquet warned on Wednesday that the firm expects customer demand and sales in China to decline significantly next year compared to 2024 and 2025.
