ASML Stock Slips After AI Surge as China Risk Tests 2026 Forecast
ASML’s U.S.-listed shares fell 0.83% to $1,427.02 on Friday as its Amsterdam listing remained closed for Labour Day. Investors are weighing a higher 2026 sales forecast against export controls on China. The company reported first-quarter net sales of €8.8 billion and net income of €2.8 billion. CEO Christophe Fouquet said chip demand is outpacing supply, with customers accelerating expansion plans.