ASML says it sold 'absolutely nothing' in Europe in 2026

What happened

But it earned almost nothing in Europe this year, down from 1% of total profits in 2025 and 5% in 2024. But ASML earned almost nothing in Europe this year, down from 1% in 2025 and 5% in 2024.

ASML calls EU authorities to help create demand for European chips as Europe's share in its revenue drops to 0% in 2026. As the world's only supplier of EUV lithography systems, ASML is Europe's largest company by market capitalization, currently valued at around $660 billion.

European chipmakers bought no lithography equipment from ASML in 2026 — and the company is calling on EU authorities to help create demand for European chips. Indeed, Europe accounted for 1% of ASML's revenue share in 2025, 5% in 2024, 4% in 2023, and 2% in 2022, based on the company's presentations for investors.

"There simply is no demand here for these kinds of highly specialized machines," Heemskerk said. As it turns out, European chipmakers did not buy any lithography equipment from ASML in 2026. Now, ASML is calling on EU authorities to help create demand for European chips.