An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024.
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.
The Netherlands-based chip equipment maker said in its earnings report Tuesday, which was released a day early due to a "technical error," that it expects net sales for 2025 to come in between 30 billion euros and 35 billion euros ($32.7 billion and $38.1 billion).
ASML is a critical part of the global chip supply chain.
While third-quarter net sales at the firm reached 7.5 billion euros — beating expectations — net bookings came in at 2.6 billion euros ($2.83 billion), the company said.
Persons:
ASML, AMSL, Roger Dassen
Organizations:
Nvidia, Taiwan Semiconductor Manufacturing, CNBC, Intel, Samsung, UBS
Locations:
USA, China, Brussels, Belgium, Netherlands