ASML says supply will not meet demand at least until 2028

What happened: ASML said AI-driven demand for its chipmaking equipment will exceed supply in 2027 and 2028, and it is exploring capacity expansion beyond its planned 30% increases for those years. Key numbers: Q3 net sales €11.7B, gross margin 57.5%, net income €4.96B. 2026 net sales guidance raised to €44B to €45B from €43B to €45B, full-year gross margin around 56%. Why it matters: CEO Christophe Fouquet said 30% growth in 2027 and 2028 will not meet customer demand, and some customers are already expressing interest in orders for 2029 and 2030. Market: -3.9% today ($1,650.00), +42.3% YTD, 1.9x vol — as of 22:46 UTC Coverage: 6 outlets in 24h

ASML signals multi-year supply shortage, a bullish demand catalyst through 2028.

ASML signals multi-year supply shortage, a bullish demand catalyst through 2028. — impact context not separately stored; see What changed.