Business Technology Europe

ASML Lifts 2026 Forecast

ASML Lifts 2026 Forecast

The Dutch semiconductor giant reported net profits of   2.76 billion, a 15% increase compared to the same period last year.

ASML's machinery is essential for producing the high-end chips used by Nvidia and other leaders in the artificial intelligence race.

CEO Christophe Fouquet noted that customers are accelerating their expansion plans to address chronic chip shortages.

The company now expects full-year sales to reach between   36 billion and   40 billion, cementing its position as Europe's most valuable tech firm.