Today's Edition
VELDHOVEN (REUTERS)
ASML, the world's biggest supplier of computer chip-making equipment, on Wednesday warned it may not achieve growth in 2026, even after its second quarter bookings beat market expectations.
Analysts had hoped that the quarter would provide some reassurance over its outlook for 2026. However, the company warned that geopolitical uncertainty continued to cloud its prospects.
"We continue to see increasing uncertainty driven by macro-economic and geopolitical developments", ASML's chief executive Christophe Fouquet said in a statement.
The Dutch group's net bookings, the most closely watched figure in the industry, were 5.54 billion euros ($6.4 billion). That was ahead of analysts' consensus estimate of 4.44 billion euros according to researcher Visible Alpha.
The firm, which makes cutting-edge machines for the manufacture of semiconductors, earlier said net profits came in at 2.3 billion euros, compared with 1.6 billion euros in the second quarter of last year.
