ASML Beats Q3 Bookings Estimates Amid AI Chip Demand, China Concerns Linger
ASML Holding NV reported record third-quarter bookings of €5.4 billion ($6.28 billion), narrowly surpassing analyst expectations of €5.36 billion. The Dutch semiconductor equipment Maker credited strong demand for AI-related chips as the primary growth driver.
China's weakening demand casts a shadow over the otherwise positive earnings. ASML cautioned that slowing orders from the region could temper future growth, introducing potential headwinds despite the broader AI-driven semiconductor boom.
The company's lithography machines remain critical infrastructure for advanced chip production, positioning ASML as a key player in the global semiconductor supply chain. Market watchers will monitor how the China factor develops against the backdrop of sustained AI investment.
