ASML says Trump tariffs cloud outlook for 2025 and 2026

Bookings miss estimates in Q1 on demand for advanced chip-making tools

20250416 ASML logo

The world's biggest supplier of chip-making equipment, ASML, says U.S. President Donald Trump's tariffs are driving uncertainty in their business. © Reuters

(Reuters) -- ASM, the world's biggest supplier of computer chip-making equipment, said on Wednesday that tariffs were increasing uncertainty for its outlook for 2025 and 2026.

Chief Executive Officer Christophe Fouquet said his conversations with customers supported ASML's expectations that 2025 and 2026 would be growth years.

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