Amsterdam (Reuters) – The quarterly figures of the Dutch chip system manufacturer ASML, which were published too early as a result of a data leak, have disappointed investors.
“We expect our total sales to grow to a range between 30 and 35 billion euros in 2025,” said CEO Christophe Fouquet in the announcement distributed on Tuesday. “This is in the lower half of the range that we presented at Investor Day 2022.” On the stock market, the shares of the world’s leading provider of machines for computer chip production fell by 15 percent at their peak.
ASML achieved a profit of 2.1 billion euros on sales of 7.5 billion euros in the third quarter, narrowly exceeding analyst estimates. However, at 2.6 billion euros, orders clearly missed the forecasts, which were between four and six billion euros. According to ASML, demand for artificial intelligence (AI) chips is high, but other market segments are taking longer to recover. “This is expected to continue in 2025, which makes our customers cautious.”
ASML actually didn’t want to publish its quarterly balance sheet until Wednesday, but it was available the day before. A company spokesman said they were working on a full explanation of the results and their early publication.
(Report by Toby Sterling, written by Philipp Krach, edited by Ralf Banser. If you have any questions, please contact our editorial team at [email protected] (for politics and economics) or [email protected] (for companies and markets).)
