Adithya Metuku's questions to ASML HOLDING (ASML) leadership • Q2 2025
Question
Adithya Metuku from HSBC requested clarification on the €1.4 billion backlog adjustment, asking if it was EUV or DUV related. He also asked about the lithography intensity trend for logic nodes, questioning a thesis that it might not rise until 2030.
Answer
EVP & CFO Roger Dassen clarified that the €1.4 billion backlog adjustment was entirely DPV-related and stemmed from Chinese customers responding to last year's export restrictions. President & CEO Christophe Fouquet addressed litho intensity, explaining that while the 2nm node is a pause, subsequent nodes using the Gate-All-Around architecture, like 1.4nm, are expected to drive an increase in EUV layers and litho intensity again.