ASML looks to calm fears over 2026 growth

Group 1 - The 2026 guidance from ASML indicates that while they do not expect a decline, they also do not foresee growth, which is a subtle shift from previous expectations [1][2] - ASML expects an increase in demand for their extreme ultraviolet lithography machines in 2026, which are their high-end products, signaling a positive outlook in that segment [2] - There is a significant concern regarding the demand in China, with ASML indicating that demand will decline significantly in 2026, marking a notable change in their guidance [3][4] Group 2 - For Q4, ASML has guided revenue expectations between 9.2 billion to 9.8 billion euros, slightly better than market expectations of 9.2 billion euros [5] - The focus for investors will be on the 2026 guidance and the situation in China, as there is a lack of visibility regarding how investments in chips and new data centers will impact ASML's business [6]