Tech giant ASML announces record orders in boost for AI boom

AI Summary
In January 2026, Dutch tech giant ASML announced record orders for its chip-making equipment, totaling 13.2 billion euros in the fourth quarter of 2025. The company, based in Veldhoven, anticipates strong growth in 2026, driven by increased demand related to artificial intelligence and a significant increase in EUV sales. ASML's net sales for 2025 reached 32.7 billion euros, with a net profit of 9.6 billion euros. The company forecasts net sales between 34 and 39 billion euros for 2026. Despite the positive outlook, ASML also announced plans to cut approximately 1,700 jobs to improve work processes.
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