JP Morgan Raises ASML Earnings Estimates Due to Increased EUV Tool Production Capacity
JP Morgan has upgraded its earnings estimates for ASML following the chipmaker's indication that it can supply more extreme ultraviolet (EUV) lithography tools than previously guided. The bank identified four methods through which ASML could increase output without expanding cleanroom capacity, potentially shipping up to 110 low-NA EUV units in 2027.