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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

ASML loses $75.7 billion market cap from updated sales projections, likely due to lower demand from China and delayed Intel fab

ASML.

On Tuesday, ASML accidentally published its third quarter results ahead of schedule and provided an outlook for 2025. While the company expects strong 2024 sales, as chipmakers from all around the world order plenty of advanced tools, its 2025 outlook is lowered due to slower-than-expected market recovery, geopolitical uncertainty, and potential additional regulations for exports of fab tools to China. As a result, the company's market cap has dropped nearly $75.7 billion in a couple of days.

Strong 2024, but projects for 2025 are €5 billion below expectations

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