ASML posted record 2025 profits on high AI chip demand, raised 2026 sales outlook, and plans 1,700 job cuts for efficiency.

ASML, the Dutch semiconductor equipment maker, reported a record 2025 net profit of 9.6 billion euros ($11.5 billion), driven by surging demand for AI-related chips, with sales reaching 32.7 billion euros. Despite ongoing export restrictions limiting its access to China, the company saw strong order growth and raised its 2026 sales forecast to 34–39 billion euros. To improve efficiency, ASML announced plans to cut about 1,700 jobs, primarily in management and IT roles, focusing on streamlining operations and boosting innovation. The company expects continued growth through 2030, with sales potentially reaching 44–60 billion euros, supported by sustained demand for its extreme ultraviolet lithography systems.