ASML raises sales forecast

As the world's primary supplier of lithography systems, ASML's performance is seen as a bellwether for the broader tech industry.

The company now expects 2026 revenue to reach between €36 billion and €40 billion, reflecting the critical role its machines play in producing high-end Nvidia chips.

Despite geopolitical tensions and supply chain disruptions in the Middle East, orders for AI-related hardware continue to outpace supply.

This growth underscores the massive capital expenditures being made by hyperscalers and data center operators.