ASML Raises 2026 Sales Forecast Due to Increased AI Chip Demand
ASML has raised its 2026 sales forecast to €36 billion to €40 billion, citing strong AI-driven chip demand. The company's first-quarter results exceeded expectations, with net sales of €8.8 billion and net income of €2.8 billion. CEO Christophe Fouquet noted that demand for chips is outpacing supply, with supply constraints expected to persist.
Tickers: $ASML
Topics: AI chip demand ASML sales forecast Company guidance EUV machines Market demand