ASML announced that customers are expressing interest in ordering its semiconductor lithography equipment for 2029 and 2030, according to statements made on Wednesday. The Dutch company’s chief executive attributed the extended order interest to customer views on the scope and duration of artificial intelligence-related capital investments. The disclosure comes alongside the company’s report of third-quarter financial results that surpassed analyst expectations.
ASML is the global sole manufacturer of extreme ultraviolet lithography machines, which are essential tools used by leading chipmakers including TSMC for producing advanced semiconductors. The company’s earnings reports are closely monitored by investors seeking insight into demand patterns linked to AI-driven semiconductor development. Management indicated that planned supply for 2027 and 2028 would fall short of customer demand, and the company is exploring approaches to expand production capacity beyond its previously announced 30% increase target for 2028.
The company raised its full-year sales guidance, now projecting net sales between 44 billion euros and 45 billion euros, up from the prior lower bound of 43 billion euros. For the fourth quarter, ASML guided for sales between 14.2 billion euros and 15.2 billion euros, with the upper end of this range exceeding consensus estimates. Stock price movement reflected positive market reception, with shares rising approximately 2% in early European trading and having gained 56% year-to-date.
During the third quarter, both Samsung and TSMC committed to adopting ASML’s High NA extreme ultraviolet lithography machines, the company’s next-generation technology platform. Analysts view this next-generation tool as critical to the company’s future growth trajectory. ASML maintained its forecast that China sales would represent approximately 20% of total business, though the company faces export restrictions preventing sales of certain advanced equipment to that market.
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