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

29 Jan 2025 - 10:10- EquitiesImportant- Source: Newswires