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Chip production capacity may remain tight by 2023: ASML

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European semiconductor production equipment maker ASML said on Wednesday local time that there is currently no sign of slowing demand, and there will still be a severe shortage of chip capacity this year and next, and the company is struggling to cope with its own supply constraints to provide global chipmakers with enough equipment.

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Moreover, ASML CEO Peter Wennink pointed out at the earnings conference that despite the uncertainty caused by the current macroeconomic environment, ASML continues to see customers in all market segments becoming more interested in advanced and mature chip manufacturing.

Unprecedented demand for technology. Right now, we don’t see any signs of weakening in our customer base, and even if demand weakens, there’s a huge gap between demand and our capacity. Wennink said that due to capacity constraints, ASML can only meet about 60% of its deep ultraviolet lithography machine needs.

It is reported that the financial report released by ASML shows that in the first quarter of 2022, ASML achieved net sales of 3.5 billion euros, a gross profit margin of 49.0%, and a net profit of 695 million euros, and new orders of 7 billion euros. A total of 59 new lithography systems and 3 used lithography systems were sold in the quarter, compared to 72 and 10 in the previous quarter.

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