ASML Raises Full-Year Sales Forecast for Second Time This Year Due to Strong AI Chip Demand
Dutch semiconductor-equipment maker ASML raised its full-year sales forecast for the second time this year, citing strong demand from customers ramping up production of AI chips. The company now expects annual sales between €43 billion and €45 billion with a gross margin of 54-56%, compared to previous guidance of €36 billion–€40 billion in sales and a 51%-53% margin.
Tickers: $ASML
Topics: AI chips ASML guidance semiconductors TSMC expansion