ASML forecasts Q4 sales above expectations on AI chip demand

What happened: ASML forecast fourth-quarter sales above analyst expectations on strong AI-driven demand for its chipmaking equipment, and narrowed its 2026 outlook. Key numbers: Q4 net sales guided at €14.2 billion to €15.2 billion ($15.9 billion to $17.0 billion), gross margin around 57 per cent. Analysts polled by LSEG expected €14.19 billion and 55.4 per cent. Why it matters: The guidance tops LSEG analyst estimates on both sales and gross margin. ASML is the only maker of EUV machines needed for the most advanced chips and is described as a bellwether for the AI buildout. Coverage: 5 outlets in 24h

ASML forecast fourth-quarter sales above analyst expectations on strong AI-driven demand for its chipmaking equipment, and narrowed its 2026 outlook.

The guidance tops LSEG analyst estimates on both sales and gross margin. ASML is the only maker of EUV machines needed for the most advanced chips and is described as a bellwether for the AI buildout.