Wednesday, 15 July, 2026

7:38 PM

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Chip equipment maker ASML raises forecast as AI boom drives demand

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The logo of the Dutch company, ASML, can be seen on a stand at the China International Import Expo (CIIE). Photo: Johannes Neudecker/dpa

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AMSTERDAM, The Netherlands: Dutch semiconductor equipment maker, ASML today reported higher second-quarter profit and sales, driven by strong revenue from servicing and upgrading its installed base of chip-making machines, as it raised its 2026 financial forecast, reported dpa-AFX.

ASML is the world’s leading supplier of advanced lithography systems, which are used to manufacture the sophisticated semiconductors powering artificial intelligence (AI) applications, smartphones and high-performance computing.

Second-quarter net income rose to €2.9 billion (USD3.3 billion) from €2.3 billion a year earlier, while earnings per share increased to €7.58 from €5.90.

Net sales in the three months ended June 30 climbed to €9.3 billion from €7.7 billion a year earlier.

The company sold 91 lithography systems during the quarter, up from 76 a year earlier.

ASML also announced an interim dividend for 2026 of €1.88 per ordinary share, payable on August 5.

For the third quarter, the company expects net sales of between €11 billion and €12 billion, with a gross margin of 55 per cent to 57 per cent.

ASML now expects full-year 2026 net sales of between €43 billion and €45 billion, with a gross margin of 54 per cent to 56 per cent, up from its previous sales forecast of €36 billion to €40 billion. – BERNAMA-dpa-AFX

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