Overview
- Bernstein projects fourth-quarter revenue of about €9.7 billion, above the €9.5 billion consensus based on import data.
- Investors expect bookings of at least €8 billion in what will be ASML’s final publicly disclosed bookings release.
- Chinese imports hit a record €3.27 billion in Q4, with customers pulling forward deep ultraviolet tool orders to support leading-edge capacity.
- Major chipmakers have outlined larger 2026 budgets—TSMC to $56 billion (+37%), Samsung to $40 billion (+24%), SK Hynix to $22 billion (+25%), and Micron to $20 billion (+45%)—bolstering equipment demand.
- ASML remains the sole supplier of EUV systems for advanced chips, and its shares have roughly doubled since April with about a 25% gain this month.