ASML Anticipates Minimal Impact from US Export Restrictions on China

The Dutch semiconductor equipment manufacturer ASML has announced that it does not foresee the new US restrictions on semiconductor exports to China, which were revealed recently, to significantly affect its financial outlook. The company asserts that its long-term demand remains stable despite these developments.

In a separate statement, the Dutch government expressed its alignment with US security concerns regarding the export of advanced tools essential for semiconductor manufacturing. They are currently conducting a review of the newly imposed US rules.

ASML reiterated its sales guidance announced on November 14, forecasting group sales to range between 30 to 35 billion euros (approximately US$31.5 to 36.7 billion) for the year 2025. Notably, ASML expects around 20 percent of these sales to come from China, a significant drop from nearly 50 percent in the current year.

Furthermore, ASML clarified that the latest US regulations would influence its ability to supply deep ultraviolet lithography systems to certain Chinese chip manufacturing facilities, contingent on the Dutch government's enforcement of these restrictions.

The new export controls are part of a broader effort by the US, marking the third major crackdown in three years targeting China’s semiconductor sector. These regulations impose stricter limitations on equipment manufacturers and restrict exports to 140 Chinese companies, including subsidiaries of the major custom chip producer, Semiconductor Manufacturing International Corporation (SMIC).

ASML, China, US, Exports