ASML (ASML) Q3 FY25 earnings call

ASML delivered solid Q3 FY25 results, meeting revenue and gross margin guidance, fueled by robust EUV system sales and strong bookings. The company sees positive momentum from AI infrastructure investments and broader customer adoption, which is expected to drive EUV growth in 2026. However, a significant decline in China sales is anticipated for 2026, leading to a projected decrease in the deep UV business. ASML continues to advance its technology roadmap, including High-NA EUV maturity and new 3D integration products, while strategically investing in AI partnerships.