Overview
- ASML reported stronger-than-expected second-quarter results with €9.3 billion in revenue and €2.9 billion in net profit.
- The company raised its full-year revenue guidance to €43–45 billion from a previous €36–40 billion and also updated its margin outlook upward.
- ASML attributed the guidance lift to sustained global investment in artificial intelligence that is driving demand for datacenter capacity and advanced chips.
- Because ASML is the only supplier of the most advanced lithography systems, spikes in chipmaker capital spending and long equipment lead times tend to convert into extended orders and revenue for the firm.
- The upgrade signals a longer run of high demand for chipmaking tools that could keep equipment supply chains busy and affect chip production timelines for cloud and AI firms.