AI boom drives record sales at Dutch tech giant ASML
THE HAGUE - The Dutch technology giant ASML, which makes cutting-edge machines to make semiconductor chips, said Wednesday that the huge demand for AI had powered record sales and strong profits, and vowed to scale up production.
The Dutch technology firm ASML experienced record sales driven by increasing demand for artificial intelligence (AI) in the third quarter, leading to substantial profits. The company, which manufactures extreme ultraviolet lithography machines, typically sells units for $200 million or more, and plays a pivotal role in the global economy.
ASML's chief executive Christophe Fouquet stated that customer demand for equipment had risen, driven by their forecasts for AI-related investments. Some customers are even expressing interest in placing orders for 2029 and 2030. The company's net profit for the third quarter reached 5.0 billion euros ($5.6 billion), up from 2.1 billion euros in the same period of 2025.
ASML's full-year sales forecast was slightly raised to 44-45 billion euros, compared to the previous projection of 43-45 billion euros. The company is striving to boost its production capacity to meet the high demand, with an aim for a 30-percent increase. ASML shares rose more than two percent at the opening bell on the Amsterdam stock market.
The firm anticipates net sales in the fourth quarter to be between 14.2 billion and 15.2 billion euros.
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Also reported by 7 other outlets
- ASML posts record €11.7 billion in sales but warns it can’t keep up with AI demand euronews.com
- AI-led demand overwhelms ASML’s 2027, 2028 supply capacity siliconrepublic.com
- ASML raises 2026 sales outlook on soaring AI demand, plans capacity expansion investing.com
- European shares edge higher as ASML's AI demand outlook boosts tech brecorder.com
- AI demand to exceed supply for 2 more years, says ASML ft.com
- ASML says supply will not meet demand at least until 2028 seekingalpha.com
- ASML forecasts Q4 sales above expectations on AI chip demand channelnewsasia.com
