Overview
- ASML reported second-quarter revenue of €9.3 billion and net profit of €2.9 billion and on Wednesday raised its full-year sales forecast to €43–45 billion because customers are accelerating capacity plans.
- The company plans to lift production of EUV systems from about 65 units a year with a target to increase EUV output roughly 30 percent by 2027 and to expand DUV system output by a similar amount.
- Investors pushed ASML shares higher after the update and the firm now sits above €600 billion in market value, making its orders and guidance a key market indicator for the chip sector.
- TSMC’s record results and higher capex plans this week reinforce that AI-driven demand is broad across foundries and will keep pressure on equipment lead times and prices for advanced nodes.
- Export controls on sales to China and the need to scale complex supplier relationships for optics and lasers create the main open risks that could constrain which customers get machines and how fast global chip capacity grows.