Latest news with #Roger Dassen
Bloomberg
16-07-2025
- Business
- Bloomberg
ASML CFO Says Easing China AI Chip Controls Would Boost Demand
ASML Holding NV Chief Financial Officer Roger Dassen said on an earnings call Wednesday it will be 'positive for chip demand' if Washington lifts restrictions on some artificial intelligence processors. This week Nvidia Corp. said it received assurances that the US government will allow the export of some chips to the Asian nation that had previously been blocked. Advanced Micro Devices Inc., Nvidia's chief rival, followed with a similar announcement.
South China Morning Post
16-07-2025
- Business
- South China Morning Post
ASML shares tumble amid trade tensions and growth uncertainty
ASML Holding chief executive officer Christophe Fouquet walked back the company's growth forecast for next year due to trade disputes and global tensions. 'We continue to see increasing uncertainty driven by macroeconomic and geopolitical developments,' Fouquet said in a statement on ASML's quarterly results on Wednesday. 'Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage.' ASML's shares fell as much as 7.1 per cent to €655.70 in Amsterdam on Wednesday, the biggest decline since April. They have fallen 33 per cent in the last year. Chief financial officer Roger Dassen highlighted the threat of tariffs for new systems and parts sent to the US, as the threat of other countries reacting with reciprocal measures. Tariffs could also negatively hit ASML's gross margin, he said in a video accompanying the results. Semiconductors are currently exempt from US tariffs, but there is uncertainty over how chipmaking equipment will be affected. The administration of US President Donald Trump's chaotic roll-out has roiled markets and made planning major spending difficult. 01:02 Nvidia to resume selling H20 graphic processing chips to China in boon for AI Nvidia to resume selling H20 graphic processing chips to China in boon for AI 'This is a more negative comment than many were expecting at this stage,' Barclays analysts Simon Coles and Rohan Bahl said in a note.
CNA
16-07-2025
- Business
- CNA
ASML warns it may not achieve growth in 2026, shares drop
VELDHOVEN :ASML, the world's biggest supplier of computer chip-making equipment, warned on Wednesday that it may not achieve growth in 2026, even after its second-quarter bookings beat market expectations. Analysts had hoped that the quarter would provide some reassurance over its outlook for 2026. However, the company warned that geopolitical uncertainty continued to cloud its prospects. Shares sank as much as 7.3 per cent in early trading. "The level of uncertainty is increasing, mostly due to macroeconomic and geopolitical consideration. And that includes, of course, tariffs," ASML's Chief Executive Christophe Fouquet said in an internal interview on the company's website. The direct and indirect impact of tariffs are still very uncertain, CFO Roger Dassen said in the interview, ASML was working with its supply chain to mitigate any impact. "While we still prepare for growth in 2026, we cannot confirm it at this stage," Fouquet said in a statement. If it materialized, 2026 would be the first flat year in over a decade of uninterrupted revenue growth since 2012. ASML investor Han Dieperink, chief investment officer at investment firm Aureus, said he was not worried about the upcoming year, noting that the quarter pointed to solid demand. The Dutch group's net bookings, the most closely watched figure in the industry, were 5.54 billion euros ($6.4 billion). That was ahead of analysts' consensus estimate of 4.44 billion euros, according to researcher Visible Alpha. "The second quarter beats from top to bottom," analyst Michael Roeg of Degroof Petercam said. Roeg cited strong demand from artificial intelligence related chipmakers. ASML's EUV lithography machines, the world's most advanced chip circuit printing system, is the key enabling technology behind leading-edge chips like those used in Nvidia's GPUs, or Apple's Macs and iPhones. Chinese demand also remained elevated, representing 27 per cent of all machine sales in the last three quarters, and confirming the country's chipmakers have continued to buy less advanced machines in anticipation for more U.S.-led export restrictions. ($1 = 0.8608 euros)
