ASML, the Dutch tech giant, reported a record 13.2 billion euros in orders for chip-making equipment in Q4 2025, primarily driven by demand for extreme ultraviolet (EUV) lithography machines, and forecasts 2026 net sales between 34 billion and 39 billion euros. Despite strong growth prospects fueled by AI-related demand, ASML plans to cut about 1,700 jobs to enhance operational efficiency. The company’s share price rose nearly 6% following these announcements, indicating investor optimism amid broader concerns about the sustainability of AI investments. Global AI spending is projected to reach $2.53 trillion in 2026, reflecting ongoing enthusiasm for transformative technology.
