ASML Raises 2026 Sales Forecast as AI Demand Fuels Growth.

The article focuses on ASML Holding NV's raised full-year sales forecast driven by increased global artificial intelligence (AI) spending, which is boosting demand for its advanced semiconductor lithography machines. ASML projects net sales between €36 billion and €40 billion in 2026, up from a previous estimate of €34 billion to €39 billion, despite a slightly weaker second-quarter outlook. The company’s customers, including Taiwan Semiconductor Manufacturing Co. and Samsung Electronics, are investing heavily to expand chip production, particularly for AI applications. ASML faces geopolitical challenges due to U.S. and Dutch export restrictions on sales and servicing of certain lithography tools in China, which accounted for 19% of its first-quarter sales. The company plans to increase production of its low numerical aperture extreme ultraviolet (low NA EUV) machines and expects continued strong demand into 2027. [Extracted from the article]