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ASML is raising its annual sales forecast for the second time this year on surging AI chip demand

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ASML is raising its annual sales forecast for the second time this year on surging AI chip demand

The Dutch chip equipment maker now expects full-year net sales of €43 billion to €45 billion, up from a prior forecast of €36 billion to €40 billion

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ASML $ASML reported second-quarter net sales of €9.3 billion on Wednesday, beating expectations, as the company raised its full-year revenue forecast for the second time this year on sustained demand for advanced AI chips.

ASML's updated outlook calls for 2026 net sales of €43 billion to €45 billion alongside a gross margin of 54% to 56%, a significant step up from the previous guidance of €36 billion to €40 billion in net sales and a gross........

© Quartz