ASML Raises Annual Guidance for Third Time on Surging AI Demand
Key Facts
ASML raised its annual guidance for the third time this year, driven by surging demand for AI infrastructure. The company reported total net sales of €11.7 billion and net income of €5.0 billion for the third quarter of 2026, according to a statement released via GlobeNewswire.
The company now expects to exceed its previous full-year 2026 net sales guidance of €44 billion to €45 billion, while maintaining a projected gross margin of approximately 56%. This upward revision reflects the strong operational performance of its semiconductor manufacturing equipment amid continued growth in the chip sector.
Latest Updates · 11
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Update: ASML expects fourth-quarter 2026 sales between €14.2 billion and €15.2 billion with a 57% gross margin, though it warned that planned supply for 2027 and 2028 will not fully meet customer demand. The company's Nasdaq-listed shares fell 3.9% to $1,650 on October 14, 2026, despite the record financial performance.
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Update: Nvidia CEO Jensen Huang announced on October 14, 2026, plans to invest an additional $2 billion in European deals. This investment move follows ASML's positive earnings report, further bolstering outlooks for AI infrastructure growth in the region.
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Update: The company achieved a gross margin of 57.5% in the third quarter of 2026, surpassing its previous 56% projection. ASML also warned that its production capacity may not be sufficient to meet anticipated demand levels in 2027 and 2028.
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Update: These positive projections come as chip stocks face broader selling pressure, with the sector on track for a seventh consecutive day of declines on October 14, 2026. This marks the longest losing streak for semiconductor equities since May 2025.
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Update: ASML stated it will be unable to meet the surging demand for AI chips over the next two years. Consequently, the company is seeking to boost its 2028 production capacity beyond the previously announced 30% increase target.
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Update: ASML's CFO warned that proposed US restrictions under the Match Act, which aim to limit sales of Deep Ultraviolet (DUV) lithography systems to China, would be counterproductive. These comments come as the company balances surging global AI demand against increasing regulatory pressure on its exports to the Chinese market.
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Update: ASML's CFO stated that the US Match Act, which seeks to limit sales of Deep Ultraviolet (DUV) lithography systems to China, would be counterproductive. These remarks come as the company navigates surging global AI demand alongside increasing regulatory pressure on its exports to the Chinese market.
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Update: ASML shares declined during trading on October 14, 2026, despite financial results exceeding estimates. This price drop occurred as the stock was trading at €1,054.20 (trading October 14, 2026), reflecting a divergence between strong operational performance and investor reaction.
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Update: The company's gross margin exceeded previous guidance, reaching 57.5% in the third quarter of 2026. ASML warned that surging AI-driven demand is now projected to outpace its planned production capacity through 2028.
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Update: ASML expects its sales for the fourth quarter of 2026 to exceed market expectations. The company attributed this positive outlook to sustained and robust demand for equipment tied to AI chip production.
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Update: ASML reported receiving order interest extending through 2030, providing long-term visibility for its production pipeline. The company also noted that its third-quarter profit levels significantly exceeded market expectations.