ASML, the leading supplier of computer chip-making equipment, reported much better than expected fourth-quarter bookings of 7.08 billion euros, significantly exceeding the 3.99 billion euros consensus estimate. This surge in orders was driven by strong demand for its most advanced tools.
The company's order backlog stood at approximately 36 billion euros at the end of 2024. ASML maintained its full-year 2025 sales outlook, projecting total revenue between 30 billion and 35 billion euros.
CEO Christophe Fouquet addressed concerns about new low-cost AI models like China's DeepSeek, stating that he believes such developments will lead to more, rather than less, demand for AI chips. He emphasized that a lower cost of AI could expand applications, thereby increasing overall chip demand. EUV tools contributed 3 billion euros to the fourth-quarter net bookings.
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