ASML Projects China Sales Slump Amid AI Chip Demand Surge
Europe’s tech giant ASML expects Chinese demand for its semiconductor equipment to plummet next year as Beijing pushes domestic alternatives. Despite this, the company remains optimistic about global AI investments driving advanced chip production.
China Market Contraction Looms for Chip Equipment Leader
Europe’s technology standout ASML Holding has projected a substantial downturn in Chinese demand for its semiconductor manufacturing systems, according to recent financial disclosures. The Dutch firm reportedly anticipates 2026 sales in China to decline significantly compared to strong performance in 2024-2025, as Beijing accelerates domestic equipment development in response to U.S. export controls.