Chip-Machine Supplier ASML Boosts Guidance for Third Time On Surging AI Demand — Update

By Mauro Orru

ASML Holding improved its annual forecasts for the third time this year as the race to build artificial-intelligence infrastructure fuels demand for its advanced semiconductor-making machines.

The Dutch group is projecting annual sales between 44 billion euros and 45 billion euros, equivalent to a range of $49.27 billion to $50.39 billion, compared with prior guidance of 43 billion euros to 45 billion euros. Meanwhile, its gross margin--a closely watched metric of pricing power and profitability--should come in at roughly 56%, compared with a previous guidance range of 54% to 56%.

"Our customers continue to increase their short- and medium-term equipment demand forecasts with us, driven primarily by their views on the size and duration of AI-related investments. In light of their demand visibility, some customers are expressing an interest in placing orders with us for 2029 and even 2030," Chief Executive Christophe Fouquet said.

ASML posted sales of 11.66 billion euros for the third quarter, up from 7.52 billion euros a year earlier. The figure is slightly lower than analysts' forecast of 11.71 billion euros, according to Visible Alpha.

Net profit climbed to 4.96 billion euros from nearly 2.13 billion euros a year earlier, beating market expectations. Gross profit increased to 6.70 billion euros from 3.88 billion euros, generating a 57.5% margin that beat consensus and company guidance.

For the current quarter, the company expects sales between 14.2 billion euros and 15.2 billion euros, with a gross margin of around 57%.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

October 14, 2026 01:35 ET (05:35 GMT)