ASML Raises 2026 Forecast on AI Chip Demand

Dutch chip equipment supplier ASML raised its full-year sales guidance for a second time in 2026, fueled by unrelenting AI demand for advanced semiconductors.

The bullish forecast triggered a sharp rally in South Korean chip stocks and underscored the sector's widening power.

Second-quarter revenue rose to €9.33 billion, above analysts' estimates, and the company announced plans to expand capacity.

The results provided fresh evidence of relentless demand for chips enabling the global AI buildout.