Export Control ImpactDUV revenues from China are expected to decline by 27%, primarily due to lower revenues from SMIC and CXMT.
Market ChallengesFoundry challengers are struggling due to the need to use design rules of the market leader, leading to inevitable delays.
Revenue DeclineASML’s China revenues in 2025E are estimated to drop to €6.5bn, a 36% year-over-year decline.