We are very happy to finish the year so strongly that, you know, the ASML team has done a great job. They bring on a very, very big quarter and we are looking at a record quarter. We are looking at a record year.So this is very good already for 2025. And when we look at the mid-term, you know, in the course of last year, we sometime had some doubts basically, or some uncertainty on what AI would do to our business, because to be honest, it took a bit of time to convert some of the great announcement we have ...

Welcome back to Morning Trade Live. It's time now for the big picture. So, let's welcome in the team from Charles Schwab.We've got Nathan Peterson, director of derivatives analysis, Schwab Center for Financial Research, and Mike Townsen, managing director, legislative and regulatory affairs at Charles Schwab. Nate, we've got to start with you. Uh, what a busy day.Obviously with the FOMC, we kind of know what they're going to do. Very earnings driven day. We've had Trump out this morning saying America is ba ...

Core Insights - ASML Holding is a leading player in the semiconductor equipment industry, specializing in advanced lithography systems essential for AI chip production, holding a near-monopoly on EUV lithography machines [1] Financial Performance - ASML reported earnings per share of $8.78, which was below the estimated $9.01, while revenue reached approximately $11.6 billion, exceeding the estimated $11.5 billion [2][6] - The company's Q4 2025 bookings were 13.2 billion euros ($15.8 billion), significantly surpassing analyst expectations of 6.32 billion euros, indicating strong demand for AI chips [3][6] Future Projections - ASML anticipates net sales for the current quarter to be between 8.2 billion and 8.9 billion euros, with total sales for 2026 projected to range from 34 billion to 39 billion euros [3] Valuation Metrics - The company has a price-to-earnings (P/E) ratio of approximately 47.83 and a price-to-sales ratio of about 14.62, indicating a robust market valuation [4][6] - ASML maintains a low debt-to-equity ratio of 0.14, reflecting conservative debt usage, and a current ratio of approximately 1.31, demonstrating its ability to cover short-term liabilities [5]

格隆汇1月29日｜据央视，当地时间1月28日，荷兰芯片设备制造商阿斯麦控股公司（ASML Holding NV）首席执行官克里斯托夫·富凯在一份声明中表示，公司计划裁员约1700人，裁员主要集中在技术部 门与信息技术部门。此次裁员对象主要位于荷兰，部分在美国，且主要涉及管理层，裁员人数约占公司 员工总数的4%。阿斯麦公司专注于高端光刻机生产，在半导体设备维护翻新业务方面也领先全球。 ...

（文章来源：央视新闻） 当地时间1月28日，荷兰芯片设备制造商阿斯麦控股公司（ASML Holding NV）首席执行官克里斯托夫· 富凯在一份声明中表示，公司计划裁员约1700人，裁员主要集中在技术部门与信息技术部门。此次裁员 对象主要位于荷兰，部分在美国，且主要涉及管理层，裁员人数约占公司员工总数的4%。阿斯麦公司 专注于高端光刻机生产，在半导体设备维护翻新业务方面也领先全球。 ...

PresentationMonique Mols Good morning, everyone, good afternoon, depending on where you are, maybe even good night. Welcome to the Q4 full year 2025 financial results press conference. You may not see that when you're dialing in online and you're watching us online, but we are actually in a different location than we were last year. Today, we host the press conference in our training center in the ASML Academy, and that is located at the Brainport Industries campus in Eindhoven. And this is actually the pl ...

Core Viewpoint - The surge in demand for artificial intelligence data center hardware has led to a rebound in chip manufacturers' stock prices, with Texas Instruments and other manufacturers showing optimistic performance, indicating that this momentum is expanding beyond Nvidia's high-end processors [1][3]. Group 1: Company Performance - Texas Instruments reported a positive quarterly forecast, highlighting that the booming demand for AI data centers is driving chip demand beyond Nvidia's advanced processors [2][4]. - Texas Instruments' stock price increased by approximately 8.5%, while Seagate's stock surged by 17.7%. In contrast, ASML's stock fell by 2.3% after earlier gains of 7.5% [1][3]. - Other AI-related chip manufacturers, including Nvidia, Micron, AMD, and Intel, also saw their stock prices rise, continuing the upward trend across the industry [1][3]. Group 2: Industry Trends - The Philadelphia Semiconductor Index rose by 1.7%, reflecting the overall positive sentiment in the semiconductor sector [2][4]. - LSEG data indicates that the technology sector's earnings are driven by the AI boom and overall growth in U.S. companies, with an expected growth of about 27%, compared to 9.2% for S&P 500 companies [5]. - The revenue growth rate for the technology sector is approximately 18%, while the overall growth rate for the S&P 500 is 7.3% [5]. Group 3: Market Challenges - A global shortage of memory chips casts a shadow over the demand for personal electronic products, with expectations that sales of smartphones and personal computers (Texas Instruments' primary market) will be affected [5]. - Morgan Stanley believes that Texas Instruments is unlikely to face supply shortages due to low global factory utilization, although geopolitical risks remain unpredictable, and U.S.-centered production may expose Texas Instruments to overseas tariffs [5].

Core Viewpoint - Strong client spending for advanced chips indicates robust demand in the AI sector, despite concerns about a potential bubble [1] Group 1: Company Performance - ASML Holding reported record quarterly orders of €13.16 billion (approximately $15.85 billion) in Q4, significantly up from €7.09 billion a year earlier and exceeding analysts' expectations [3] - Orders for ASML's extreme ultraviolet lithography systems reached €7.4 billion, surpassing forecasts and highlighting strong demand for sophisticated semiconductor manufacturing [3] - ASML will no longer disclose quarterly orders, shifting to annual reporting of total backlog, as executives believe quarterly bookings do not accurately reflect business momentum [4] Group 2: Client Spending and Market Trends - Major clients, including Taiwan Semiconductor Manufacturing Co., Samsung Electronics, and Intel, are investing heavily in ASML's equipment to meet the growing demand for advanced semiconductors [2] - TSMC announced a capital expenditure plan of $52 billion to $56 billion for the year, representing a 27% to 37% increase compared to the previous year, which positively impacted ASML's stock and market value [5] - ASML's CEO noted that customers have a more optimistic outlook on medium-term market conditions, driven by expectations of sustained AI-related demand [6] Group 3: Future Projections - For 2026, ASML projects sales between €34 billion and €39 billion, an increase from €32.67 billion in 2025, indicating improved confidence in future prospects [6]

阿斯麦（ASML）周三早盘下跌2.7%，此前该公司报告第四季度订单额创132亿欧元纪录，预计2026年 销售额将达340-390亿欧元，公布截至2028年的120亿欧元股票回购计划，并计划净裁员约1700人。 责任编辑：张俊 SF065 阿斯麦（ASML）周三早盘下跌2.7%，此前该公司报告第四季度订单额创132亿欧元纪录，预计2026年 销售额将达340-390亿欧元，公布截至2028年的120亿欧元股票回购计划，并计划净裁员约1700人。 责任编辑：张俊 SF065 ...

Core Viewpoint - ASML's stock price has experienced a significant decline, dropping by 1.9% as of January 28 [1] Group 1 - ASML's stock price is currently facing downward pressure, indicating potential market volatility [1]