ASML's China Demand Warning: A Chip Industry Shift

Chip Giant ASML Warns of China Demand Drop: Despite exceeding expectations this quarter, the world's leading chip-making machine supplier, ASML, anticipates a significant decline in demand from China next year. CEO Christophe Fouquet cautions that while overall 2026 sales should remain steady, the China dip, driven by restrictions and market shifts, necessitates a cautious outlook. Investors await further details in January as ASML navigates evolving global demand.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.