ASML's (ASML -1.04%) stock has swung wildly and is now down about 40% from its 52-week peak, as fresh export-control rules cloud the outlook for the Dutch lithography titan. I break down ASML's record Q1 2025 haul of €7.7 billion in sales and a 54 % gross margin. Can ASML stay indispensable as AI-hungry foundries race to 2-nanometer nodes, or will geopolitics and lumpy orders dent its dominance? Watch for my five-year outlook on ASML.
*Stock prices used were the after-market prices of May 1, 2025. The video was published on May 2, 2025.