ASML reports heated global demand in 2025, but cools China outlook amid US sanctions

South China Morning PostCenter-RightEN 2 min read 100% complete by Xiaofei XuJanuary 29, 2026 at 05:34 AM

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In 2025, ASML, a Dutch chipmaking equipment company, experienced strong global demand, particularly for its EUV machines driven by the AI boom, leading to a 12.4% increase in total net machine sales. However, sales to China decreased due to US sanctions restricting the export of advanced units and an expected decline in demand for DUV machines after an initial surge following the lifting of COVID-19 restrictions. China's share of ASML's global sales fell to 33% in 2025 and is projected to drop to around 20% in 2026. While EUV sales increased by 39% to €11.6 billion, DUV sales declined by 6% to €12 billion, primarily due to the Chinese market. The company anticipates continued strong demand for EUV machines in 2026, with overall bookings up significantly in the last quarter of 2025.

Key Entities & Roles

Key Player Opposition Context

Beijing 30% Europe 40% Christophe Fouquet 50% Roger Dassen ×260% United States ×270% China ×580% ASML ×590%

Keywords

asml 100% china 90% chipmaking equipment 80% euv lithography 80% us sanctions 70% duv lithography 70% trade restrictions 60% sales growth 60% artificial intelligence 50%