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ASML looks to calm fears over 2026 growth as it warns of China sales decline
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 warned that it expects customer demand and sales in China to decline significantly next year compared to 2024 and 2025.
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.
Here's how ASML did versus LSEG consensus estimates for the third quarter:
ASML, which recently became the most valuable listed firm in Europe, is among the companies in the semiconductor industry which have been impacted by both domestic export restrictions in its Dutch homebase, and the U.S.' tariff policy.
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