By Toby Sterling and Nathan Vifflin
AMSTERDAM, July 15 (Reuters) - ASML, the world's dominant supplier of equipment needed to make high-tech computer chips, raised its 2026 sales forecasts on Wednesday and pledged a capacity boost that may ease fears a production bottleneck could slow the AI boom.
Its second forecast hike of the year came as Europe's most valuable listed company, whose machines help make chips for Nvidia's contract chipmaker TSMC, beat second-quarter earnings forecasts, pushing its shares up nearly 4%.
"Blow-out results across the board," said Degroof Petercam ****** yst Michael Roeg.
ASML said it would increase capacity by 30% in each of the coming two years to meet what CEO Christophe Fouquet described as "extremely strong" customer demand for its lithography "chip-printing" tools required to make advanced AI chips.
AMSTERDAM, July 15 (Reuters) - ASML, the world's dominant supplier of equipment needed to make high-tech computer chips, raised its 2026 sales forecasts on Wednesday and pledged a capacity boost that may ease fears a production bottleneck could slow the AI boom.
Its second forecast hike of the year came as Europe's most valuable listed company, whose machines help make chips for Nvidia's contract chipmaker TSMC, beat second-quarter earnings forecasts, pushing its shares up nearly 4%.
"Blow-out results across the board," said Degroof Petercam ****** yst Michael Roeg.
ASML said it would increase capacity by 30% in each of the coming two years to meet what CEO Christophe Fouquet described as "extremely strong" customer demand for its lithography "chip-printing" tools required to make advanced AI chips.
4 months ago
