ASML Holdings, the world’s largest chip-making equipment supplier, warns that recent tariff announcements have increased uncertainty in the macro environment.
US semiconductor equipment makers, including Applied Materials, Lam Research, and KLA, could face a yearly loss of around $350 million due to the tariffs.
ASML announces its Q1 financial results, with a net profit of 2.33bn euros and revenues of 7.7bn euros.
ASML's CFO states that the company is ready to pass most of the tariff costs onto customers and believes that the burden of tariffs should be allocated in a fair way.