ASML boosts 2026 sales forecast despite shrinking China sales

Wait 5 sec.

Dutch chipmaker ASML upgraded its 2026 sales outlook on Wednesday, citing strong demand, even as China’s share of global shipments continued to decline and the firm braced for a potential new round of US export controls targeting China.The company projected net sales for the year to fall between €36 billion (US$42.5 billion) and €40 billion, as it released its first-quarter results, up from its previous forecast of between €34 billion and €39 billion made in January.The semiconductor...