On Wednesday, lithography machine giant ASML released its third quarter report.
data shows that in the third fiscal quarter of 2022, ASML's net sales were 5.8 billion euros, increased by 10.24% year-on-year; net profit was 1.7 billion euros, a year-on-year decrease of 2.24%; gross profit margin was 51.8%. After the
financial report was released, in a conference call with analysts, ASML's CEO and president Peter Wennink said that the new export restrictions in the United States have little impact on it, because its products and most of its components are made in Europe and lithography machines outside of EUV can continue to be shipped to China.
Because a key submodule of EUV is manufactured by ASML's subsidiary in San Diego, the EUV will not be able to operate without this module. Therefore, China has long been restricted from purchasing EUV lithography machines, but purchasing less advanced lithography machines such as DUVs is not restricted.
It seems that the impact of the new ban in the United States on ASML is indeed limited.
Although the semiconductor industry is slightly turbulent under the influence of the downward cycle of semiconductor and the new restrictions, ASML is relatively calm due to its unique market position.
Although ASML revealed that Intel , Samsung , TSMC, etc. have all delayed the device delivery date, Peter Wennink said that even during the recession, customers never cancel orders. Generally speaking, the delivery time depends on the depth of the recession, the customer's financing ability and the funding expenditure plan.
In comparison, other manufacturers are not that lucky. For American chip equipment manufacturers, China accounts for about one-third of their sales share.
Applied Materials Company warned investors last week that the damage would continue into the next quarter.
