ASML Reduces Forecast Amid Tariff Uncertainty and Warns of Growth Outlook for 2026
Reading Time: 4 minutes
The statement from the Dutch chip manufacturer comes just days after Trump's threat of 30% tariffs against the EU. The chip manufacturing equipment manufacturer ASML Holding (i) has adjusted its financial targets for the year, stating that due to the increasing uncertainty caused by President Trump's tariffs, it can no longer guarantee growth in 2026. The warning from the Dutch supplier of chip manufacturing equipment came days after Trump sent a letter to the European Union threatening 30% tariffs on imports from the bloc starting August 1st,...
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