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ASML Lifts 2026 Outlook After Record Quarter as ASM Sees Stronger Q2

AI chip build-outs are lifting sales across equipment makers.

The logo of Dutch multinational supplier of production equipment for the semiconductor industry, ASM, is displayed at its headquarters in Almere, Netherlands, January 23, 2026. REUTERS/Piroschka van de Wouw/File Photo

Overview

  • ASML reported €8.8 billion in first-quarter net sales with €2.8 billion in net income and raised its 2026 revenue target to €36–€40 billion.
  • The company increased shareholder returns with a 17% dividend hike and a new €12 billion share buyback running through 2028.
  • ASML said it shipped 2 High-NA EUV systems in the quarter and plans about 60 Low-NA EUV systems this year, noting EUV tools print the tiniest features on cutting-edge chips.
  • ASM International guided second-quarter revenue to about €980 million, above analyst estimates, and said it will stop publishing bookings because the figures swing too much.
  • Executives pointed to strong AI-led demand and flagged open risks, with ASML expecting roughly 20% of sales from China and ASM seeing 1.4nm pilot-line spending starting in the second half of the year.