ASML Logs Record Orders on AI Chip Boom, Announces 1,700 Job Cuts

The ASML logo, in this illustration. Dado Ruvic/ReutersDutch chip equipment maker ASML on Jan. 28 reported record orders in the final quarter of 2025, boosted by strong demand for artificial intelligence (AI) chips, and raised its outlook for 2026, even as it said it plans to cut about 1,700 jobs as part of an internal restructuring.The company’s net sales reached 9.7 billion euros ($11.6 billion), its highest on record, with a gross margin of 52.2 percent and net income of 2.8 billion euros ($3.3 billion), according to an ASLM statement. For full-year 2025, the total net sales reached 32.7 billion euros ($39.1 billion).