Dutch chip machine manufacturer ASML has expressed uncertainty about whether the company will continue to grow next year.
CEO Christophe Fouquet cites increasing macro-economic and geopolitical instability, he said during the presentation of the second quarter results.
In the last quarter, ASML reported a revenue of €7.6 billion, slightly less than the previous quarter.
New orders increased to €5.5 billion from €3.9 billion in the first quarter of this year, exceeding market expectations despite warnings for 2026.
ASML, the world’s largest supplier of equipment for computer chip production, saw its net profit decrease to €2.3 billion in the second quarter, compared to €2.4 billion in the first quarter of this year.
For the current third quarter, ASML expects revenue to be between €7.4 billion and €7.9 billion. The company anticipates a 15% revenue growth for the whole of 2025, following last year’s revenue of €28.3 billion.
ASML has been making significant investments in expanding production capacity and technological advancements to meet the expected growth from clients like Samsung, Intel, and TSMC in the coming years, correlating with the rapid development of new artificial intelligence (AI) applications.
The company stands to benefit from hundreds of billions of dollars in investments in AI data centres, partly because it holds an effective monopoly on specific chip machines necessary for manufacturing the most advanced chips by American company Nvidia. These chips are foundational to much of the planned AI infrastructure.
