Technology Business

ASML raises sales forecast

ASML raises sales forecast

The group's machinery is essential for producing the advanced chips used to train and run AI models, making it a bellwether for the global semiconductor industry.

ASML now expects net sales to reach between €36 billion and €40 billion this year, reflecting a robust investment cycle.

The company counts industry giants like TSMC, Samsung, and Intel among its primary clients.

This optimistic outlook comes despite broader economic uncertainty and trade tensions impacting other sectors of the global market.

Nvidia
American multinational technology company
Intel
American multinational technology company
Samsung Electronics
South Korean multinational electronics corporation
TSMC
Semiconductor foundry company headquartered in Taiwan