US-China Tensions Shadow ASML’s Investor Day
Asianfin -- ASML, the world’s top supplier of chipmaking equipment, faces looming uncertainty over potential U.S.-led restrictions on sales to China as it prepares to share new medium- and long-term financial targets at its biannual Investor Day on Thursday.
While analysts anticipate only slight adjustments to ASML’s outlook—bolstered by its near-monopoly on lithography systems essential to chip production—the company's strategic importance in the sector makes it vulnerable to geopolitical tensions, particularly amid intensifying tech rivalry between the U.S. and China.
It remains unclear whether President-elect Donald Trump will impose further restrictions on ASML’s sales to China, as seen during his previous term.
A key financial question for ASML is whether it can sustain its growth rate, which has consistently outpaced the broader chip industry over the past decade, driven by the productivity gains its machines provide to major clients like TSMC.
More News