ASML Holding NV raised its 2026 revenue forecast to between €36 billion and €40 billion. The Dutch company attributes the upgrade to accelerating demand for artificial intelligence infrastructure. CEO Christophe Fouquet stated that chip demand is currently outpacing supply. Customers are consequently expediting capacity expansion plans for 2026 and beyond.
The company reported first-quarter net sales of €8.8 billion. Net income reached €2.8 billion, exceeding analyst expectations. ASML maintains a global monopoly on essential EUV lithography machines.
The report boosted shares of semiconductor peers including NVIDIA and TSMC. However, ASML shares fell in U.S. trading as investors weighed the long-term outlook against a soft second-quarter forecast. The market also remains cautious regarding ongoing export control discussions.