ASML raises 2026 revenue outlook on AI‑driven chip demand

ASML reported second‑quarter 2026 results that beat expectations, with net sales of €9.33 billion and net profit of €2.92 billion, pushing its gross margin to 54 %. On the back of strong demand for AI‑focused chips, the Dutch lithography‑equipment maker lifted its full‑year 2026 revenue guidance to €43‑45 billion (up from €36‑40 billion) and its gross‑margin outlook to 54‑56 %.

The company also announced a capacity‑expansion plan, targeting a 30 % annual increase in both low‑NA EUV and DUV tool output for 2027‑28. CEO Christophe Fouquet said customers are “accelerating their capacity‑expansion plans” and that AI‑related investments are driving “extremely strong” order intake.

Separately, Intel began using ASML’s next‑generation high‑numerical‑aperture (High‑NA) EUV machine to produce selected layers of its Panther Lake laptop processors. The tool, costing about $400 million, was first installed at Intel’s Hillsboro, Oregon R&D site in 2024 and is being used in production to collect data and refine the technology.

Analysts noted the earnings beat lifted ASML shares 5‑7 % in early trading, while the company continued to navigate U.S. export restrictions that limit sales of its most advanced systems to China.