Asml Holding: US semiconductor restrictions on China do not affect performance expectations.

Asml Holding maintains its original target, with sales expected to reach a maximum of 35 billion euros in fiscal year 2025, and a maximum of 60 billion euros in fiscal year 2030.

On December 2, the US government announced new measures to restrict the supply of cutting-edge semiconductors and high-performance semiconductor manufacturing equipment for artificial intelligence (AI) to mainland China. In addition to adding 140 Chinese mainland companies to the 'entity list' effectively prohibiting transactions, it also expands the objects restricted from exporting cutting-edge products to mainland China to include South Korea, Taiwan, Malaysia, and others.

As the Netherlands is following the US in imposing export restrictions on China, it will not be affected by the additional restrictions in this case.

ASML Holding is the only global company that produces the most advanced 'extreme ultraviolet (EUV)' lithography equipment required for mass production of semiconductors. EUV lithography equipment is subject to export restrictions in the Netherlands, but deep ultraviolet (DUV) lithography equipment, except for some, is not restricted.