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China remains important market for ASML despite embargo

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Published: April 19th, 2024,
Last updated: May 30th, 2025

ASML

Despite stricter export restrictions for high technology, China remains the mainstay of ASML’s business. Around half of the quarterly turnover of 5.29 billion euros came from deliveries to the People’s Republic, the Dutch global market leader in machines for producing state-of-the-art computer chips announced on Wednesday. However, incoming orders fell surprisingly sharply to 3.6 billion euros. This is almost two billion euros less than analysts had expected.

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