Dutch Tech Giant ASML Posts Stable Profits, Warns on China Sales
ASML, a Dutch tech giant, has posted stable profits, with net profits of 2.13 billion euros ($2.5 billion) in the third quarter of 2025, compared to 2.08 billion euros in the same period last year.
Despite this, the company has warned of a significant decline in its China business next year, citing growing pressure from US and Dutch export curbs for its advanced chipmaking tools to China.
"We expect China customer demand, and therefore our China total net sales in 2026, to decline significantly compared to our very strong business there in 2024 and 2025," said CEO Christophe Fouquet.
- Net sales in the third quarter of 2025 came in at 7.5 billion euros.
- ASML shares opened more than 3% higher in Amsterdam, driven by solid sales and orders for its semiconductor production machines.
Author's summary: ASML's profits remain stable despite warnings of a decline in China sales.