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ASML Sets Record Orders, Lifts 2026 Outlook, Plans 1,700 Job Cuts

AI demand for EUV lithography is propelling growth despite tighter China restrictions.

Overview

  • Fourth‑quarter orders reached about €13.2 billion, setting a record and leaving a backlog near €39 billion.
  • ASML closed 2025 with €32.7 billion in revenue and €9.6 billion in net profit, including a record €9.7 billion in Q4 sales.
  • The company guided 2026 revenue to €34–39 billion, citing sustained demand for advanced tools used to make AI chips.
  • ASML will eliminate roughly 1,700 roles focused mainly on leadership positions in the Netherlands and the United States to simplify decision‑making.
  • Export rules continue to block EUV shipments to China; China contributed over one‑third of Q4 revenue but is expected to trend toward about 20%, while ASML launched a €12 billion buyback, raised its dividend, and the stock rose around 7%.