ASML shares drop 6% as orders disappoint amid tariff uncertainty

Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines. ASML said net bookings — a key indicator of order demand — came in at 3.94 billion euros ($4.47 billion) for the first three months of 2025. That was lower than a forecast of 4.89 billion euros from analysts. Shares of ASML were down 6% Wednesday morning. Here's how ASML did versus LSEG consensus estimates for the first quarter: Net sales: 7.74 billion, against 7.8 billion euros expected Net profit: 2.36 billion, versus 2.3 billion euros expected In comments accompanying the results, ASML CEO Christophe Fouquet said that the demand outlook "remains strong" with artificial intelligence staying as a key driver. However, he added that "uncertainty with some of our customers" could take the company into the lower end of its full-year revenue guidance. ASML ... Read full article.