ASML Reports Strong Q1 Earnings and Raises Full-Year Sales Outlook
ASML reported strong first-quarter earnings with revenue of €8.8 billion and net income of €2.8 billion, while raising its full-year 2026 sales guidance to €36 billion to €40 billion. The company's stock had a restrained market reaction due to slightly below expectations second-quarter outlook and prior stock rally. The AI industry's continued demand for advanced chips is driving expansion plans by foundries and hyperscalers.
Topics: AI ASML Earnings Market Reaction Revenue Semiconductors