Sunday, February 8, 2026

Dutch tech big ASML posts bumper earnings, eyes shiny AI future



by AFP Workers Writers

The Hague (AFP) Jan 28, 2026






Dutch tech big ASML, which sells cutting-edge machines to make semiconductor chips, reported a major acquire in annual internet revenue Wednesday and predicted a shiny future pushed by demand for synthetic intelligence.

ASML is a crucial cog within the world financial system, because the semiconductors crafted with its instruments energy all the pieces from smartphones to missiles.

After-tax revenue for 2025 got here in at 9.6 billion euros ($11.5 billion), in contrast with 7.6 billion euros for 2024.

CEO Christophe Fouquet stated ASML clients had been bullish on the medium-term outlook “based totally on extra strong expectations of the sustainability of AI-related demand.”

Fourth quarter internet bookings, the determine merchants observe most intently, got here in at 13.2 billion euros.

This in contrast with 5.4 billion euros within the third quarter of 2024 and cheered buyers, with shares opening round seven p.c greater on the Dutch market.

Complete 2025 internet gross sales had been a file 32.7 billion euros. The agency had beforehand stated it didn’t anticipate gross sales to be under the 28.3 billion euros banked final 12 months.

ASML expects internet gross sales in 2026 to be between 34 and 39 billion euros, it introduced in new forecasts.

For the primary quarter of this 12 months, the agency predicted it might publish between 8.2 billion euros and eight.9 billion euros in gross sales.

“We anticipate 2026 to be one other progress 12 months for ASML’s enterprise,” stated Fouquet.

ASML additionally introduced an inside organisational shake-up in a bid to hurry up working strategies that Fouquet stated had change into “much less agile.”

The agency expects to chop round 1,700 jobs within the Netherlands and the USA, largely from management roles, Fouquet stated.

ASML employs round 44,000 employees worldwide.

– US-China tech struggle –

The tech big is caught in the midst of a US-led effort to curb high-tech exports to China over fears they may very well be used to bolster the nation’s army.

Beijing has been infuriated by the export curbs, describing them as “technological terrorism.”

In a case unrelated to ASML, the Dutch authorities briefly seized management of Nexperia, a Chinese language-owned firm that makes low-tech semiconductors.

That transfer sparked a significant row between Beijing and the West that threatened to cripple automotive producers that depend on Nexperia chips.

In late October, following commerce talks between China’s President Xi Jinping and his US counterpart Donald Trump, Beijing agreed to renew exports of Nexperia chips halted over the row.

ASML already warned when presenting third-quarter outcomes that China gross sales would “decline considerably” in 2026 in contrast with “very robust enterprise” in 2024 and 2025.

A breakdown of gross sales confirmed 33 p.c of gross sales going to China in 2025, in comparison with 41 p.c in 2024. China was ASML’s prime buyer in each years.

Longer-term, ASML believes that the quickly increasing AI market will push up its annual gross sales to between 44 billion and 60 billion euros by 2030.

Turning to the fourth quarter, ASML gross sales got here in at 9.7 billion euros. It had forecast between 9.2 billion and 9.8 billion euros.

Web revenue for the fourth quarter was 2.8 billion euros, in comparison with the two.1 billion euros booked within the third quarter of final 12 months.

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