Overview
- ASML, which reported results on Wednesday, posted about €9.3 billion in second-quarter net sales and roughly €2.9 billion in net profit, both above analyst expectations.
- The company raised its full-year 2026 sales guidance for a second time to €43–45 billion and said full-year gross margin should be about 54–56 percent.
- Management said order intake is now visible into 2028 and announced plans to expand low‑NA EUV and DUV immersion capacity by about 30 percent in each of the next two years.
- ASML confirmed Intel will use its High‑NA EUV system commercially for some Panther Lake chips while warning that U.S.-led export controls bar its most advanced tools from China even though China is expected to account for roughly 20 percent of 2026 sales.
- The company executed roughly €1.1 billion of buybacks and declared a €1.88 interim dividend and noted that ordered tools typically translate into chip production 12 to 24 months later, so the expansion will affect chip supply and AI infrastructure through 2027–2028.