ASML Holding's Upcoming Earnings Report on October 14 Expected to Show Strong Growth
ASML Holding (NASDAQ: ASML) is set to report third-quarter earnings on October 14, with analysts expecting significant revenue and profit growth driven by strong demand for advanced chips used in artificial intelligence. The company specializes in extreme ultraviolet lithography machines that are essential for producing cutting-edge semiconductors. Major chipmakers like Intel, Samsung, and TSMC rely heavily on ASML's technology. ASML has already raised its full-year revenue outlook to between 43 billion and 45 billion euros, with third-quarter guidance pointing toward a gross margin of 55%–57%. Wall Street forecasts show expected earnings per share rising from 5.49 in the same period last year to 10.76 this quarter. The company is also advancing its next-generation High-NA EUV technology, which Intel has already used for over a million wafers and Samsung plans to integrate into DRAM production by 2028.
Topics: AI chips ASML EUV lithography semiconductors