ASML announced that customers are expressing interest in placing orders for semiconductor manufacturing equipment extending into 2029 and 2030, providing visibility into longer-term demand trends. The Dutch company attributed the extended ordering interest primarily to customer confidence in the scale and duration of artificial intelligence-related chip investments.
The company reported third-quarter financial results that surpassed expectations. ASML raised its full-year sales forecast for 2026, now expecting net sales between 44 billion euros and 45 billion euros, up from a previous lower estimate of 43 billion euros. For the fourth quarter, the company projected net sales between 14.2 billion euros and 15.2 billion euros, with the upper end of that range exceeding consensus analyst estimates.
Chief Executive Christophe Fouquet indicated that supply planned for 2027 and 2028 will not fully satisfy customer demand and that the company is investigating ways to increase capacity for 2028 beyond the previously announced 30% expansion. ASML has now updated its guidance multiple times during the year, having previously raised its forecast in July.
During the quarter, major chipmakers Samsung and TSMC committed to utilizing ASML’s High NA extreme ultraviolet lithography machines, its next-generation technology that analysts view as crucial for future growth. ASML maintains its position as the sole producer of extreme ultraviolet lithography equipment globally, which is essential for manufacturing advanced semiconductors. The company expects China to represent 20% of its total business, maintaining its prior projection. Stock trading in early European hours showed the company’s shares up approximately 2 percent, having gained 56 percent during the year.
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