Amid mounting uncertainties over potential Trump-era tariffs, ASML Holding NV has narrowed its annual financial targets and cast doubt on achieving growth by 2026. CEO Christophe Fouquet highlighted the intensifying risks: "We are witnessing escalating uncertainty driven by macroeconomic and geopolitical developments. Thus, although we continue preparations for 2026 expansion, we cannot confirm it at this stage." Concurrently, the Dutch lithography equipment maker revised its 2025 guidance downward, now projecting sales growth of approximately 15% to about €325 billion—a tighter range compared to the previous €300-350 billion estimate. Gross margins are anticipated to settle near 52%, narrowing from an earlier forecast of 51% to 53%.
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