ASML Faces Projected Decline in Chinese Demand Amid Solid Q3 Bookings

ASML, the leading supplier of computer chip-making equipment globally, warned of a predicted drop in demand from China this year. Despite exceeding market forecasts with 5.40 billion euros in bookings during Q3 2025, ASML anticipates significant challenges in Chinese sales in 2026.

ASML, the world's leading supplier of computer chip-making equipment, has issued a warning about an anticipated decline in demand from China for the upcoming year, despite its strong performance in the third quarter.

The Dutch company's net bookings reached 5.40 billion euros in Q3 2025, surpassing the market's expectations of 5.36 billion euros as projected by researcher Visible Alpha. However, the company foresees a challenging year ahead as CEO Christophe Fouquet announced a significant expected drop in Chinese customer demand by 2026.

ASML plans to share new targets in January, stating that bookings results indicate no sales decline in 2026. According to Michael Roeg from Degroof Petercam, "A slight beat in bookings means there could be stable to slight growth, though the message could have been stronger."

(With inputs from agencies.)