Dutch semiconductor equipment ASML warns of “significant” sales decline in China, expects 2026 growth to be below 2025. Q3 results below LSEG consensus estimates: Net sales 7.516 billion euros, net profit 2.125 billion euros. Share prices dropped in July due to macro-economic uncertainty. Impact of domestic export restrictions and U.S. tariff policy. Analysts bullish on ASML, citing AI chip foundries and semiconductor chip growth in China. Expected to benefit from Nvidia and Intel’s $5 billion deal.

Read more at CNBC: ASML Q3 earnings report