ASML raises 2026 sales outlook on soaring AI demand, plans capacity expansion

What happened: ASML raised its full-year 2026 sales forecast after reporting record third-quarter sales, citing AI-driven demand for semiconductor manufacturing equipment. Key numbers: 2026 net sales outlook 44 billion to 45 billion euros, up from 43 billion to 45 billion. Why it matters: CEO Christophe Fouquet said customers keep raising equipment demand forecasts on AI investment expectations, some seeking orders for 2029 and 2030. ASML said 2027 and 2028 supply plans would not fully meet expected demand, and it is studying expanding 2028 capacity beyond a planned 30% increase. Market: -3.9% today ($1,650.00), +42.3% YTD, 1.9x vol — as of 22:46 UTC Coverage: 3 outlets in 24h

ASML raised its full-year 2026 sales forecast after reporting record third-quarter sales, citing AI-driven demand for semiconductor manufacturing equipment.

CEO Christophe Fouquet said customers keep raising equipment demand forecasts on AI investment expectations, some seeking orders for 2029 and 2030. ASML said 2027 and 2028 supply plans would not fully meet expected demand, and it is studying expanding 2028 capacity beyond a planned 30% increase. Market: -3.9% today ($1,650.00), +42.3% YTD, 1.9x vol — as of 22:46 UTC