ASML lifts 2026 sales outlook and plans 30% capacity boost

Dutch semiconductor equipment giant ASML significantly raised its full-year revenue forecast and announced major capacity expansion plans on Wednesday, July 15, 2026, after reporting stronger-than-expected second-quarter earnings driven by surging global demand for artificial intelligence chips.

The company, which is Europe's most valuable by market capitalization, now expects 2026 net sales between 43 billion and 45 billion euros, a substantial increase from its previous forecast range of 36 billion to 40 billion euros. This marks the second time ASML has raised its outlook this year. For the quarter ended June 30, ASML reported revenue of 9.33 billion euros, surpassing analyst expectations, while net income rose to 2.92 billion euros from 2.3 billion euros a year earlier. The company's share price jumped nearly 6 percent following the announcement.

Chief Executive Christophe Fouquet said the results were driven by "extremely strong" order intake, with ongoing AI-related investments fueling demand for advanced logic and memory chips. He stated that this demand is strengthening the semiconductor industry's growth outlook and providing ASML with increased visibility into...