The share of chip machine manufacturer ASML fell hard this morning. At opening, the rate was about seven percent lower. The blow followed a warning from the company: Growth in 2026 is no longer guaranteed. That sudden twist in expectations makes investors visibly nervous.
ASML draws promise about growth in
CEO Peter Wennink tempered the expectations for 2026 this morning. “Although we are still counting on growth, we can’t guarantee them right now,” he said. A remarkable twist, because so far ASML has sticked to an optimistic vision of the future.
The company supplies machines worldwide to chip manufacturers and benefits from the growing demand for chips for artificial intelligence (AI). But geopolitical tensions and imminent import duties are now putting pressure on growth.
Trade tensions get ASML immediately
The US government has been investigating possible import duties on chip -related products since April. This can not only affect the ASML machines, but also parts and suppliers. Because a part of ASML’s production runs through the US, the company can be double in the event of mutual measures.
Suppliers also feel the consequences. They get fewer orders and are often highly dependent on ASML. The doubt at the top works quickly in the entire chain.
Positive quarterly figures offer little support
There seems to be little wrong on paper. Turnover remained stable at 7.7 billion euros in the second quarter. But the market looks ahead, and there the image is suddenly much foggy. The growth promises that seemed obvious before, are no longer.
ASML nevertheless keeps faith in the distant future. The company expects sales to double within five years to 60 billion euros, especially thanks to investments in AI. But for now the message is clear: 2026 is no longer certainty. And investors feel that right away.
Source: https://newsbit.nl/asml-koers-opent-7-procent-lager-na-twijfel-over-groei-in-2026/
