ASML Posts Strong Orders Amid AI Boom but Faces China Headwinds

11 days ago

Chloe Malay

"We had seen a really massive rally in the shares over the last month or so. And by and large ASML delivered. So orders as you mentioned beat expectations in the third quarter. That was driven by massive investments in AI that kind of led to growing demand for the chips. The boom in AI spending is a direct boost for ASML because it is the only company that makes the very specific machines needed to produce the most sophisticated chips. There is one tougher spot which is China; the outlook for 2026 in general is cautious because sales to China are expected to decrease significantly due to restrictions on what it can sell."

The commentary emphasizes ASML's strong performance with orders beating expectations, fueled by AI-related demand, while also noting a significant caution due to expected declines in sales to China because of regulatory restrictions.

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