[News] ASML Reassures Long-Term Momentum, Projecting 8-14% Annual Revenue Growth through 2030

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Following the unexpected cut for its 2025 sales forecast and the conservative outlook on China’s demand, ASML reassures the market today by saying it still aims for an annual revenue increase of 8% to 14% by 2030, driven by strong demand for its advanced tools, according to Reuters and Bloomberg.

Amid concerns on order delays from major clients like Intel and Samsung, the Dutch chipmaking equipment giant anticipates its sales to grow to between 44 billion and 60 billion euros (roughly USD 46.4 billion to USD 63.3 billion) by 2030, the reports noted. Its gross margin guidance, set at 56% to 60%, remain consistent as well with ASML’s previous long-term outlook from 2022.

Chief Executive Christophe Fouquet said in a statement that the company’s capability to scale EUV technology into the coming decade positions it to effectively capitalize on the AI opportunity, according to the reports.

The guidance was reportedly issued ahead of its biannual investor day in Netherlands, where ASML is expected to address questions about future sales prospects in China following the election of Donald Trump as U.S. president.

Earlier in October, according to its press release, ASML revised its 2025 total net sales forecast to a range of €30 billion to €35 billion, down from its previous estimate of up to €40 billion.

The company also anticipates a gross margin between 51% and 53% in 2025, lower than the prior projection of 54% to 56%, mainly due to delays in the rollout of its high-end extreme ultraviolet machines.

It is worth noting that ASML projected that in 2025, sales from China would decrease to 20% of its total revenue, according to a previous report by CNBC. In the third quarter, 2024, China contributed 47% of its total sales.

According to Reuters, the company is restricted from selling most of its advanced EUV and DUV lithography machines in China due to U.S. and Dutch government restrictions implemented since Trump’s first term.

Read more

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(Photo credit: ASML)