Table content
Released: January 29, 2025
Eastern Standard Time 06:37 AM
Main Points
- ASML Holding experienced a 7% rise in its stock price during pre-market trading on Wednesday, following the semiconductor equipment producer’s fourth-quarter earnings report that surpassed market predictions.
- The firm’s net orders for the fourth quarter reached €7.09 billion ($7.38 billion), significantly exceeding analysts’ estimates.
- ASML and other AI-related shares faced a considerable decline on Monday due to market turmoil triggered by the introduction of an affordable advanced AI model by the Chinese startup DeepSeek.
ASML Holding’s shares increased by 7% in pre-market trading on Wednesday after the Dutch semiconductor equipment producer disclosed fourth-quarter financial results that exceeded market forecasts.
ASML reported that its total net orders, encompassing all system sales, amounted to €7.09 billion ($7.38 billion), well above the consensus estimate of €3.99 billion compiled by Visible Alpha. Net sales reached €9.26 billion, with a net profit of €2.69 billion, also surpassing expectations.
The company projects first-quarter net sales to be between €7.5 billion and €8 billion, higher than the Visible Alpha consensus, and reaffirmed its outlook for 2025 net sales to fall within the range of €30 billion to €35 billion.
CEO Asserts AI is the Primary Catalyst for Growth
ASML CEO Christophe Fouquet indicated that artificial intelligence (AI) will remain a crucial catalyst for growth in its sector.
ASML’s shares, along with other AI stocks, declined on Monday after the launch of an affordable advanced AI model by the Chinese startup DeepSeek incited market panic. ASML’s extreme ultraviolet (EUV) lithography systems are vital for producing state-of-the-art AI chips.
The company’s stock fell another 1% yesterday, having faced a total decline of over 20% in the past year as it approached Wednesday.
Investopedia mandates authors to utilize primary sources to back their work.
This material encompasses white papers, governmental data, primary reports, and discussions with sector specialists. We additionally cite original studies from other credible publishers when suitable. You can discover more about the guidelines we adhere to in order to create precise and impartial content in our editorial policy.
