By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
ASML made record $11.5 billion profit in 2025 thanks to AI-driven demand, plans to cut 1,700 jobs
preview.jpg
FILE - Exterior view of the head office of ASML, a leading maker of semiconductor production equipment, in Veldhoven, Netherlands, on Jan. 30, 2023. - photo by AP Photo/Peter Dejong, File
THE HAGUE, Netherlands (AP) — Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7 billion euros fueled by AI-driven demand, the company reported Wednesday as it also announced plans to slash its workforce by about 1,700, about 4% of its workforce. The growth comes despite Dutch government restrictions on exports 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 that aims at limiting China’s access to such technology.