Dutch semiconductor giant ASML reported first-quarter results on Wednesday that fell short of order expectations, citing uncertainty from new U.S. trade restrictions as a factor that may influence demand for its critical chipmaking equipment.
The company’s net sales reached EUR 7.74 billion, slightly below the expected EUR 7.8 billion, while net profit exceeded forecasts, coming in at EUR 2.36 billion compared to the anticipated EUR 2.3 billion.
A crucial measure of future demand, ASML’s net bookings stood at EUR 3.94 billion ($4.47 billion), falling short of the analyst estimate of EUR 4.89 billion. In response to these figures, ASML shares declined by 6% on Wednesday morning.
ASML CEO Christophe Fouquet maintained a positive outlook on demand, driven significantly by advancements in artificial intelligence. However, he acknowledged that uncertainty among some customers could push the company towards the lower end of its 2025 revenue forecast, projected between EUR 30-35 billion.
