Key Facts
ASML Holding (NASDAQ: ASML) shares dropped following the company’s uncertain growth outlook for 2026, despite reporting strong Q2 results with revenue increasing 23% to €7.7 billion (approximately $9 billion). The company anticipates a 15% revenue increase in 2025, driven by demand for AI chips and its monopoly on extreme ultraviolet (EUV) lithography technology.
In Q2, ASML’s equipment sales rose nearly 18% to €5.6 billion ($6.5 billion) and service revenue increased by 42% to €2.1 billion ($2.5 billion). However, ASML’s Q3 revenue guidance of €7.4 billion to €7.9 billion ($8.6 billion to $9.2 billion) fell short of analyst expectations of €8.3 billion ($9.7 billion). The company’s net bookings were solid at €5.5 billion ($6.4 billion), exceeding the forecast of €4.2 billion ($4.9 billion).
ASML faces uncertainty due to macroeconomic factors and customer-specific issues affecting capital expenditure timing. While the stock has fallen about 30% over the past year, some analysts view the dip as a potential buying opportunity given ASML’s market position in advanced chip manufacturing.
