The Dutch chip supplier will only grow by ten percent in 2022.
(Photo: Reuters)
Munich, Beijing The order books at ASML are full: In the second quarter, the chip manufacturers ordered equipment worth 8.5 billion euros from the Dutch machine builder. CEO Peter Wennink said this Wednesday: “A new record. We don’t see any diminishing demand.”
Nevertheless, investors are nervous: on Wednesday morning, the share price in Amsterdam fell by up to four percent at the start of trading. In the course of the day, however, the price rose again and even rose by more than three percent to over 500 euros.
The reason for the uncertainty: CEO Wennink halved the sales forecast for 2022. Revenue would only increase by ten percent. Wennink explained: ASML delivers the chip machines to the buyers faster than before in order to serve the high demand. The final inspection now takes place in the factories. Therefore, the sales would be booked later.
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