ASML Eyes Strong 2025 Growth with China Set to Drive Over 25% of Revenue

Dutch semiconductor equipment maker ASML Holding NV has reaffirmed its 2025 revenue guidance, projecting sales between €30 billion and €35 billion, even as the company navigates escalating geopolitical tensions and global trade restrictions. The reaffirmation underscores ASML’s confidence in its market leadership and strong demand for its advanced lithography systems, which are critical in semiconductor manufacturing.

One of the most notable shifts in ASML’s outlook is its revised forecast for China’s contribution to its 2025 revenue. The company now expects China to account for over 25% of its total sales next year — a significant increase from its earlier estimate of 20%. This adjustment comes amid ongoing export restrictions from the Netherlands and the United States aimed at curbing China’s access to cutting-edge chipmaking tools, particularly ASML's EUV (extreme ultraviolet) machines.

However, ASML has continued to sell DUV (deep ultraviolet) lithography systems — older but still highly valuable technology — to Chinese customers, helping to buoy sales in the region. Demand in China remains robust as domestic chipmakers ramp up local production in response to global supply chain shifts and the drive for technological self-reliance.

CEO Peter Wennink, who is nearing the end of his tenure, emphasized that while geopolitical headwinds present challenges, ASML's diversified global customer base and continued investment in R&D position it well for sustained growth. He noted that the company is closely monitoring policy developments and maintaining compliance with all export regulations.

Despite the uncertain global environment, ASML’s reaffirmed guidance reflects its confidence in both technology leadership and the underlying demand for advanced semiconductors, especially in AI, automotive, and high-performance computing sectors.

Author: Global Ripple

Posted on: April 16, 2025