Dutch semiconductor equipment corporation ASML announced first-quarter order results that fell short of market expectations amid increasing uncertainty over U.S. tariff policies.
On the 16th (local time), ASML reported that its first-quarter order intake reached €3.94 billion (approximately 6.3 trillion won). This figure is below the market forecast average of €4.82 billion (approximately 7.8 trillion won) compiled by Bloomberg.
Christophe Puche, CEO of ASML, expressed optimism about growth in 2025-2026 but noted, "Recent tariff announcements are increasing uncertainty in the macroeconomic environment."
ASML is the sole producer of extreme ultraviolet (EUV) lithography equipment, which is essential for advanced semiconductor production. It counts major semiconductor corporations such as Samsung Electronics, TSMC, and Intel among its clients.
ASML benefited from the artificial intelligence (AI) boom in the first half of last year, but its stock price has fallen about 40% from its peak in July due to concerns over a slowdown in AI demand and other negative factors.
U.S. President Donald Trump is causing further turmoil in the industry by announcing on the 2nd that reciprocal tariffs, excluding China, would be postponed. He has indicated that separate itemized tariffs for semiconductors will be announced soon.
ASML added that it expects its net sales this year to be around €30 billion to €35 billion (approximately 48.5 trillion won to 56.6 trillion won).