Reported about 1 month ago
ASML's CEO, Christophe Fouquet, predicts that 2026 will be a growth year for the company, despite expectations of lower growth in 2025 due to weakened electronics markets, except in AI-related sectors. He noted that the U.S. will likely continue to impose restrictions on exports to China, reducing ASML's revenue from that region. Currently, sales to China account for about 20% of ASML's total, down from 50%. Fouquet emphasized that geopolitical pressures will persist, regardless of the U.S. presidential election outcome.
Source: YAHOO