Overview

• ASML CEO Christophe Fouquet expects 2026 to be a growth year, despite a slowdown in 2025 due to a weak electronics market.
• US pressure to restrict semiconductor technology exports to China is expected to continue, affecting ASML's business operations.
• ASML's sales to China, primarily focused on mature technology, are projected to decrease from 50% to 20% of its total sales.
• The Dutch government is navigating its position between US demands and its economic interests in China, questioning the effectiveness of further restrictions.
• ASML maintains a monopoly on advanced lithography machines, which are crucial for producing high-tech semiconductors.