ASML beat expectations for fourth-quarter net sales at $7.82 billion and net profit at $2.23 billion. CEO Peter Wennink stated that while the company anticipates revenues in 2024 to mirror those of 2023, they are preparing for substantial growth expected in 2025. ASML is a key player impacted by US-China tech tensions, as its lithography systems are required for advanced chip production. The Dutch government recently revoked export licenses for some mid-range ASML systems to China.