ASML (ASML NA) CFO says low end of 2026 sales forecast range reflects possibility of supply chain and restriction difficulties; guidance has been raised due to strong demand for immersion DUV systems
Importance
Level 1
- Repeats ASML expects 20% of sales will be in China in 2026.
- Increased DUV demand is coming from outside China
- Other regions could partially make up for lost China sales, depending on export restrictions
- Co. will be able to meet DUV demand, working with supplier Zeiss (AFX GY) to increase production
- Guidance hike due to immersion DUV demand - media call
- Worries include possible export restrictions and supply chain constraints