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 · 3
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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.