ASML Reports Record Results and Raised Guidance Amid Strong AI Infrastructure Demand
ASML Holding (ASML) reported record revenue of €11.7 billion for the third quarter of 2026, a 56% increase compared to the same period in 2025. The company also raised its full-year guidance and saw an improvement in gross margin from 51.6% to 57.5%. ASML's strong performance is attributed to high demand for extreme ultraviolet (EUV) lithography machines, which are essential for producing advanced chips used in AI data centers. ASML CEO Christophe Fouquet noted that customer demand will likely outpace supply until at least 2028 despite the company’s plans to increase production by 30% over the next two years. This sustained demand supports ASML's pricing power and profitability, with earnings per share rising 136% year-over-year. The firm expects continued strong performance in Q4, forecasting revenue of €14.7 billion at the midpoint of its guidance range—a 51% increase from last year—with further gross margin improvements expected.
Tickers: $ASML
Topics: AI hardware ASML earnings EUV lithography semiconductors
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