European chipmaker ASML Holding (ASML) reported mixed financial results and issued weak guidance due to uncertainty caused by U.S. tariffs and trade tensions.
ASML's sales for Q1 2025 were €7.74 billion, slightly below analysts' forecasts of €7.77 billion.
The company's profit rose to nearly €2.36 billion, up 93% YoY and ahead of Wall Street forecasts.
ASML expects Q2 sales between €7.2 billion and €7.7 billion, with a gross margin of 50% to 53% due to ongoing uncertainty surrounding U.S. import tariffs.