# ASML Posts Record Quarter as Washington Keeps China Chip Deadline

> ASML's record earnings and China chip deadline extension highlight tech tensions.
- Title: ASML Posts Record Quarter as Washington Keeps China Chip…
- Summary: ASML's record earnings and China chip deadline extension highlight tech tensions.
- Keywords: asml, q3 2026 earnings, busan trade truce deadline, match act export controls, scott bessent, sicarrier, ron patel, Startup Fortune
- Source: Startup Fortune — https://startupfortune.com/asml-posts-record-quarter-as-washington-keeps-its-china-chip-deadline-alive
- Published: 2026-11-05T18:19:09+00:00
- Read time: 1 min
- Topics: asml, q3 2026 earnings, busan trade truce deadline, match act export controls, scott bessent, sicarrier, ron patel, startups, business
## ASML Q3 Results
ASML reported third-quarter net sales of €11.7 billion on October 14.
## Record Revenue Forecast
Raised full-year 2026 revenue forecast to €44 billion from €43 billion.
## Earnings Surge
Net income jumped to roughly €5 billion from €2.13 billion a year earlier.
## Market Reaction
Shares pushed to fresh records with market value above $500 billion.
## China Chip Market
China accounted for 33% of ASML's revenue in 2025, dropping to 14% by Q2 2026.
## Trade Truce Extension
US extended China chip trade truce until January 10, 2027, two months after Busan deal.
## Congressional Threat
MATCH Act could force Netherlands to match US export controls on chip tools.
## SMIC Revenue
SMIC posted $9.3 billion revenue despite thin 7nm chip yields.
## Key takeaway

ASML reported €11.7 billion in Q3 sales and raised its 2026 revenue forecast to €44 billion as Washington extended its China chip trade truce until January 2027.