Chip tool giant ASML nudges up outlook as AI-driven demand outruns supply
ASML, the world's leading supplier of chipmaking equipment, has raised its full-year sales outlook due to robust demand for its AI-driven chip-printing tools. The company expects sales to reach €44 billion to €45 billion, surpassing analysts' estimates. CEO Christophe Fouquet stated that customer discussions about orders are now extending beyond 2027, with some expressing interest in placing orders as early as 2029 and 2030.
ASML has already announced a 30% capacity increase for 2027 and another 30% boost for 2028, but Fouquet acknowledged that these measures would not be sufficient. The company is exploring other avenues to address the shortage, including upgrading existing tools and offering new versions with higher throughput. Despite the demand, ASML's shares experienced a slight decline of 0.6% in Germany-based order book manager Tradegate's forecast.
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Also reported by 6 other outlets
- ASML raises 2026 sales outlook on soaring AI demand, plans capacity expansion investing.com
- AI boom drives record sales at Dutch tech giant ASML bangkokpost.com
- AI-led demand overwhelms ASML’s 2027, 2028 supply capacity siliconrepublic.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
