ASML is facing substantial headwinds including a 15 percent drop in share price following a dismal sales forecast, reflecting softer demand in the semiconductor industry.
CEO Christophe Fouquet observed a slowdown in demand for advanced chipmaking equipment outside the AI sector, suggesting that consumer electronics demand is recovering sluggishly.
The impact of US-led export bans targeting China is significant as they create uncertainty in ASML's sales performance and its strategic decisions moving forward.
Fouquet's remarks highlight that customers are postponing expansion plans in memory and logic sectors, pointing to broader market challenges beyond just export controls.
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