ORDERS BEAT EXPECTATIONS ON SURGE IN AI CHIP DEMAND
The orders beat comes as several of ASML’s chipmaker customers raise investment plans amid demand for AI logic and memory chips needed by cloud computing giants such as Microsoft, Amazon and Alphabet’s Google.
“Overall there is good fourth-quarter orders and 2026 outlook, driven by AI demand for EUV in both logic and DRAM”, Mizuho analyst Kevin Wang said in an email.
The Dutch company also hiked its outlook for 2026.
It now expects full-year sales of between €34 billion and €39 billion, compared with analysts’ expectations of €35 billion, according to LSEG data. It has previously forecast flat-to-higher sales than in the previous year, which came in at €32.7 billion in 2025.
“We expect 2026 to be another growth year for ASML’s business”, Fouquet said.
Analysts had expected the Dutch giant to benefit from the stronger demand of top customers such as TSMC and Samsung, as chipmakers increase capital spending to expand capacity for AI-related chips amid tight global supply of memory, and AI-accelerator chips.
ASML kept the long-term guidance to 2030 untouched, Fouquet said in an internal interview published on its site, anticipating revenue to reach between 44 and 60 billion euros and a gross margin between 56 per cent and 60 per cent in 2030.
