ASML reported net bookings of 3.94 billion euros in Q1, below the expected 4.89 billion euros, raised concerns regarding US trade tariffs impacting the semiconductor supply chain. CEO Christophe Fouquet highlighted that while demand remains strong, uncertainties could affect future sales, leading to projections at the lower end of estimates. The market is on edge amid potential new US trade restrictions and an investigation into semiconductor imports by the Department of Commerce, which may subject the industry to additional tariffs that could hinder growth.
Although Fouquet indicated that the demand outlook remains strong, he also pointed out that uncertainty among some customers could result in the company realizing sales at the lower end of its forecast for the year.
ASML disappointed today with its net bookings figures. At the same time, the company warned that new US trade restrictions could affect demand for its machines.
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