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ASML Falls as Sales Forecast Trails Estimates on Lower Demand

  • Forecasts fourth-quarter revenue of about 1.4 billion euros
  • Foundry customers `slightly' more cautious, CEO says
ASML Bookings Drop 27% as Earthquake Hurts Some Chipmakers
Photographer: Paul O'Driscoll/Bloomberg
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ASML Holding NV fell the most in two months as Europe’s largest semiconductor-equipment maker forecast sales below analysts’ estimates after customers delayed chip machine orders on slowing personal-computer and smartphone demand.

Fourth-quarter revenue will be about 1.4 billion euros ($1.6 billion), the Veldhoven, Netherlands-based company said Wednesday. Analysts had predicted 1.56 billion euros on average. The stock declined as much as 7 percent in Amsterdam, the steepest intraday decline since Aug. 24, and was trading 6.9 percent lower to 72.54 euros at 9:11 a.m.