ASML vs Tokyo Electron vs Kokusai Electric vs Lasertec vs AMAT

“Regarding recently announced tariffs, discussions are just starting and are very dynamic, the end state will be unknown for a while and until then the potential impact on our customers, suppliers and ASML will continue to be unclear and will continue to evolve.”

“In fact, we are sensing from the inquiries we received.”

“While this is not specific to our company, external factors such as U.S. export restrictions on China are cited as risks. We are constantly monitoring and considering this as a possible indirect risk to our company.”

“As for the forecast, our honest answer is that we don't know how the uncertain situation about pushouts and others will play out.”

“The ability of US companies to serve the China market is constrained and has been further limited by updated trade rules announced in December and January. We estimate the incremental impact of these new rules will be around $400 million of revenue in fiscal 2025, approximately half of which is service revenue.”

“Intel reported the exposure of more than 30,000 wafer in one quarter and a significant process improvement by reducing the number of process steps from 40 to less than 10 on a given layer.”

“Along with the technology evolution, including GAA backside PDN and HBM, TEL's business opportunity will further expand.”

“what is gating what customers is space right? So they need to have fabs to put tools into. And at least for a number of customers, that is the number one gating item, so it would even be impossible to opportunistically just pull in system.”

“In calendar 2025, in addition to the strong growth of AI servers, AI content in PCs and smartphone is expected to rise. Following the recovery of investment for DRAM, investment for NAND is also expected to resume as the inventory adjustment proceed. Further recovery of WFE spending in advanced logic/foundry is expecte…”

“we continue to see revenue from Logic increasing in comparison to 2024 with the ramp of leading-edge nodes and we expect Memory revenue to remain strong similar to 2024.”

“The major growth driver was Taiwan, DDR5, DRAM, HBM, GPU and testing processes in those areas, the sales to Taiwan was rather significant.”

“several logic and memory customers are ramping their most advanced nodes using this system. The gain in productivity supports the execution of our cost of technology reduction roadmap with our customer, enabling more opportunities for EUV single expose adoption.”

“GAA-related sales in the first quarter are expected to be approximately 1.4 billion yen, with full-year sales expected to reach 10 billion yen.”

“the demand in China is still strong. And if you then look at where is the demand strong, it is still strong particularly in the mainstream business, that's where the demand continues to be very strong.”

“Further recovery of WFE spending in advanced logic/foundry is expected to offset low investment for mature nodes.”

“Addressing the rapid growing needs for advanced packaging and testing, we are receiving a wide range of inquiries for coater/developer, etching, batch film deposition, bonders and probers among others.”

“As for MATRICS, we are beginning to receive strong inquiries from chiplet processes for generative AI, and we believe that it will be able to compensate the others as a result.”

“growing demand for DDR5 and HBM accelerates WFE spending for DRAM”

“The first is the expectation that advanced DRAM in regions outside of China will rise due to the boom in HBM and other products. The second reason is that we can expect further investment in DRAM in China.”

“We started to upgrade our systems in the field to its final 220 wafers per hour configuration this quarter, and we continue to roll out on the installed base fleet through 2025. We now ship all our new NXE:3800E system at full specification.”

“For 3D NAND, the current investment -- actually the amount of investment is slightly smaller than the investment for DRAM or advanced logic. Probably, the investment for 3D NAND will be close to double next year.”

“Although investment in NAND for development purposes has continued to a certain extent up until now, there is no clear outlook for investment in mass production.”