Munich, Beijing The order books at ASML are full: in the second quarter, the chip manufacturers ordered equipment worth 8.5 billion euros from the Dutch mechanical engineering company. Chief Executive Peter Wennink said this Wednesday: “A new record. We do not see any diminishing demand.“
Nevertheless, investors are nervous: on Wednesday morning, the share price in Amsterdam plunged by up to four percent at the start of trading. Over the course of the day, however, the price rose again and even rose by more than three percent to over 500 euros.
The reason for the uncertainty: CEO Wennink halved the sales forecast for 2022. Revenues would only increase by ten percent. Wennink explained: ASML delivers the chip machines to the buyers faster than in the past in order to meet the high demand. The final acceptance is now taking place in the factories. Therefore, the sales would be recorded later.