ASML (ASML NA) says still very bullish; seeing increased demand for advanced technology in logic and DRAM markets, continues to invest in advanced EUV and mainstream DUV technologies

Expects China revenue to normalise in 2025 after elevated sales in 2023-2024 due to backlog fulfilment
Will stop providing quarterly net bookings after 2024, shifting to annual backlog figures
Anticipates strong memory market and logic growth in 2025, driven by AI demand
Installed base business expected to grow due to EUV expansion and upgrades
Latest US and Dutch export controls already factored into 2025 revenue guidance of EUR 30-35bln
Achieved major technology milestones in 2024, including first customer acceptances of high-NA EUV systems
Expects further progress in 2025 with EUV (low-NA and high-NA), DUV, and e-beam applications
Delivered record results in 2024, expecting continued strong performance in 2025
Observes AI as a significant driver in the semiconductor industry, becoming pervasive across all sectors
Seeing increased demand for advanced technology in logic and DRAM markets, investing in both EUV and DUV technologies
Anticipates overall growth in both advanced and mainstream semiconductor markets due to AI demand
Reaffirms projection of a USD 3tln market opportunity by 2030, driven by AI and semiconductor growth