ASML lifted its 2026 net sales forecast to €43 billion-€45 billion after reporting Q2 net sales of €9.3 billion and a 54% gross margin.
AI-driven demand for advanced logic and memory chips underpinned the upgrade, with CEO Christophe Fouquet saying customers are accelerating capacity expansion and order intake stayed extremely strong in the first half.
The Dutch chip-equipment maker is also planning capacity increases for 2027 and 2028, targeting a 30% production rise in 2027 and considering another 30% increase the following year.
ASML shares have climbed 60% this year, pushing its valuation to nearly $700 billion and reinforcing its lead as Europe’s most valuable listed company.
That momentum has fueled investor speculation that ASML could become Europe’s first $1 trillion company as the AI boom reshapes semiconductor demand.
As the US restricts ASML's sales to China, is it accelerating China's own breakthrough in advanced chipmaking technology?
With the world's digital future reliant on one company, what is the greatest unseen risk of ASML’s technological monopoly?
Can one factory in India truly challenge Asia's chip dominance, or is it a symbolic victory in the global tech race?
ASML’s 2026 Revenue to Hit €44B as AI Boom Fuels Supercycle, But Risks Loom
Overview
ASML delivered outstanding Q2 2026 results, reporting €7.9 billion in net sales, €2.3 billion in net income, and a strong gross margin of 52.5%. These results far exceeded market expectations and set a positive outlook for the rest of the year. The company also secured €6.5 billion in net bookings, reflecting strong demand for its advanced lithography equipment. This robust performance has led ASML to raise its full-year 2026 guidance, highlighting its pivotal role in the semiconductor industry and its ability to capitalize on accelerating technology trends.