ASML's Earnings Report Reveals the Devastating Impact of Geopolitical Tensions on Chip Equipment Sales

ASML, a Netherlands-based chip equipment maker, has released its latest earnings report, which reveals the significant impact of geopolitical tensions on its sales. The company's net sales for 2025 are expected to range between 30 billion euros and 35 billion euros, which is at the lower half of the range ASML had previously guided. The company's third-quarter net sales reached 7.5 billion euros, beating expectations, but net bookings came in at 2.6 billion euros, well below the 5.6 billion EURO consensus estimate.