Reported 3 days ago
ASML's Chief Financial Officer, Roger Dassen, announced that demand for the company's chip-making tools in China is exceeding initial expectations for 2025. Despite previous warnings of a potential drop in sales to 20% of net system sales, demand has remained robust, with projections indicating a rise to over 25%. First-quarter net system sales to China held steady at 27%, while declines were noted in other markets except Taiwan. Analysts suggest that Chinese chipmakers are maintaining high orders for ASML's older DUV machines amid fears of future export controls.
Source: YAHOO