Semiconductor manufacturing equipment ASML does not revise its financial estimates, even with the strengthening of US regulations on China.
December 3, 2024, 11:15 AM GMT+9
Dutch semiconductor manufacturing giant ASML (ASML.AS) stated on the 2nd that the new regulations by the United States on the export of semiconductor technology to China will not impact their latest financial estimates.
ASML did not revise the forecast from the 14th of last month that the group's revenue for 2025 would range from 30 to 35 billion euros (approximately 31.5 to 36.7 billion dollars), with China's share decreasing from about 50% in 2024 to around 20%.
Furthermore, regarding the strengthened regulations by the United States on China, the Dutch government explained that if implemented, it would affect the export of deep ultraviolet (DUV) lithography equipment to semiconductor manufacturing plants in China.
In this regard, they noted that 'our scenarios regarding semiconductor industry demand are based on global demand, and in the long term, will not be affected by new regulations, particularly from the United States'.
ASML's stock on the Amsterdam market closed 0.9% higher on the 2nd.
On the other hand, the Dutch government has revealed that it is scrutinizing the latest US export regulations, citing concerns about the security implications of exporting advanced semiconductor manufacturing equipment shared with the USA.
ASML did not revise the forecast from the 14th of last month that the group's revenue for 2025 would range from 30 to 35 billion euros (approximately 31.5 to 36.7 billion dollars), with China's share decreasing from about 50% in 2024 to around 20%.
Furthermore, regarding the strengthened regulations by the United States on China, the Dutch government explained that if implemented, it would affect the export of deep ultraviolet (DUV) lithography equipment to semiconductor manufacturing plants in China.
In this regard, they noted that 'our scenarios regarding semiconductor industry demand are based on global demand, and in the long term, will not be affected by new regulations, particularly from the United States'.
ASML's stock on the Amsterdam market closed 0.9% higher on the 2nd.
On the other hand, the Dutch government has revealed that it is scrutinizing the latest US export regulations, citing concerns about the security implications of exporting advanced semiconductor manufacturing equipment shared with the USA.
The Dutch Ministry of Foreign Affairs explained that "every country conducts evaluations and measures based on its own analysis of risks to national security."
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
