financetom
Business
financetom
/
Business
/
ASML sees significant China demand drop, Q3 bookings above estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ASML sees significant China demand drop, Q3 bookings above estimates
Oct 14, 2025 10:49 PM

(Reuters) -ASML, the world's biggest supplier of computer chip-making equipment, on Wednesday warned that it expected a significant fall in demand from China next year despite its third quarter bookings beating market forecasts.

The Dutch group's net bookings, the most closely watched figure in the industry, were 5.40 billion euros ($6.27 billion)in the third quarter of 2025, versus analysts' consensus estimate of 5.36 billion euros according to researcher Visible Alpha.

"We do not expect 2026 total net sales to be below 2025... On the other hand, we expect China customer demand, and therefore our China total net sales in 2026 to decline significantly." ASML's CEO Christophe Fouquet said in a statement.

ASML said it will communicate its new targets in January.

"A slight beat in bookings means there will be no sales decline in 2026, flat to growth", Michael Roeg of Degroof Petercam said. "It could have been a stronger message".

($1 = 0.8607 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Treasury says Musk team has 'read-only access' to payment data
US Treasury says Musk team has 'read-only access' to payment data
Feb 4, 2025
WASHINGTON (Reuters) -The U.S. Treasury said on Tuesday that Elon Musk's government-efficiency team has been granted read-only access to its payment system codes but denied that this cut off any government payments including for Social Security or Medicare. The confirmation of a Musk associate's access to the system codes came in a letter from a Treasury official to Democratic Senator...
Colombia's Petro calls for sale of Ecopetrol fracking operations in US
Colombia's Petro calls for sale of Ecopetrol fracking operations in US
Feb 4, 2025
BOGOTA, Feb 4 (Reuters) - Colombian President Gustavo Petro on Tuesday called for the sale of state oil firm Ecopetrol's fracking operations in the United States to invest in clean energy. The leftist leader's request was made to his minister of mines and energy, Andres Camacho, in an unusual live broadcast of a cabinet meeting. I want this operation to...
Trump administration weighs adding Shein, Temu to forced labor list, Semafor reports
Trump administration weighs adding Shein, Temu to forced labor list, Semafor reports
Feb 4, 2025
Feb 4 (Reuters) - The Trump administration is discussing whether to add Chinese retail companies Shein and Temu to the Department of Homeland Security's forced labor list, Semafor reported on Tuesday citing two sources familiar with the discussions. ...
Tesla offers insurance subsidy for Model 3 buyers in China
Tesla offers insurance subsidy for Model 3 buyers in China
Feb 4, 2025
BEIJING (Reuters) - Tesla China is offering insurance subsidies of 8,000 yuan ($1,103.34) for all Model 3 buyers, the automaker announced on its official Weibo account on Wednesday. ($1 = 7.2507 Chinese yuan) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved