A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China while having a relatively minor impact on sales of its most advanced systems elsewhere in the world.

Dutch chip manufacturing equipment provider ASML Holding NV confirmed to China Daily that it expects its sales in the Chinese market back to a "more normalized level", as the company released its third-quarter fiscal report.

After Dutch chip equipment giant ASML saw its shares plunge 15.6 percent on Tuesday (EU time) amid a weaker outlook for 2025, Chinese analysts said that ASML's share in the Chinese market may further shrink over the next few years amid US export restrictions on shipments and accelerated domestic replacements in China.