Dutch semiconductor chip machine maker ASML posted a record net profit of 9.6 billion euros ($11.5 billion) on sales of 32.7 billion euros in 2025, fueled by AI-driven demand, the company said on Wednesday as it also announced plans to reduce its workforce by about 1,700, about 4% of its workforce.
The growth comes despite Dutch government restrictions on the export of machines that can be used to make chips that can be integrated into weapons systems. The measures, initially announced in 2023 and later expanded, are seen as part of a U.S. policy aimed at limiting China’s access to such technology.
“In recent months, many of our customers have shared a noticeably more positive assessment of the medium-term market situation, mainly based on more robust expectations of the sustainability of AI-related demand. This is reflected in a clear step up in their medium-term capacity plans and in our record order inflows,” ASML President and Chief Executive Officer Christophe Fouquet said in a statement.
In a message to employees, the company said it is cutting jobs to become leaner and more efficient. It says that ASML “has chosen to implement these changes at a time when the company is in a strong position. Improving our processes and systems will enable us to innovate more and better, generating further responsible growth for ASML and our stakeholders.”
The job cuts are intended to sharpen ASML’s focus on engineering and innovation by streamlining the company’s technology and IT departments, the release said.
The company said it expects 2026 to be “another year of growth for ASML’s business,” driven by sales of its extreme ultraviolet lithography systems.
—Associated Press
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