Business · Companies · 1 hr ago
ASML reports higher-than-expected profit as chip demand extends to 2030
ASML reported third-quarter profit above expectations as customers signalled strong demand for its chipmaking equipment.
The Dutch company makes lithography machines, which chipmakers use to produce semiconductors.
It is the only company that makes extreme ultraviolet machines, tools used to manufacture the most advanced chips.
ASML said some customers are interested in placing orders for 2029 and 2030, with demand driven mainly by investment in artificial intelligence.
The company said planned supply for 2027 and 2028 will not meet all customer demand, and it is exploring ways to increase production capacity for 2028.
ASML expects full-year sales of 44 billion to 45 billion euros and forecasts fourth-quarter sales above analysts’ expectations.
ASML expects fourth-quarter net sales of 14.2 billion to 15.2 billion euros, with the upper end above analysts’ expectations.
The company said customers’ demand forecasts are rising, driven mainly by expectations for AI-related investment.
Some customers have expressed interest in placing orders for ASML tools for 2029 and 2030.
ASML raised the lower end of its full-year revenue forecast and now expects net sales of 44 billion to 45 billion euros.
Third-quarter net profit was 4.96 billion euros, above the 4.1 billion euros expected by analysts.
- Who
- ASML Holding NV, the Dutch semiconductor equipment maker.
- What
- It forecast fourth-quarter sales above analysts’ expectations and reported third-quarter profit that beat expectations.
- When
- Wednesday, October 14, 2026.
- Where
- ASML is based in Veldhoven, Netherlands.
- Why
- ASML said customer demand forecasts are rising, driven primarily by views on the size and duration of AI-related investments.
This story does not have two clearly opposing sides.
ASML raised its sales and gross margin forecast for the year, citing strong demand for its tools.
ASML reported third-quarter results and forecast fourth-quarter net sales of 14.2 billion to 15.2 billion euros.
- Fourth-quarter net sales forecast
- 14.2 billion to 15.2 billion euros
- Analysts’ fourth-quarter sales estimate
- 14.2 billion euros
- Third-quarter net sales
- 11.66 billion euros
- Third-quarter net profit
- 4.96 billion euros
- Full-year net sales forecast
- 44 billion to 45 billion euros
3 sources
What people are saying
Our customers continue to increase their short- and medium-term equipment demand forecasts with us, driven primarily by their views on the size and duration of AI-related investments.
In light of their demand visibility, some customers are expressing an interest in placing orders with us for 2029 and even 2030.