ASML Holding NV Chief Executive Officer Christophe Fouquet walked back the company’s sales forecast for next year, blaming trade disputes and global tensions.

Investors are hoping that ASML's bookings are robust enough to support its 2026 growth ambitions when the world's biggest chip-making equipment supplier reports its second-quarter earnings on Wednesday.

AI chip boom lifts orders, but tariffs and uncertainty bite Dutch chipmaking kit supplier ASML has shrugged off some tariff fears with better-than-expected results, though it is hardly brimming with confidence about the future.