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An ASML extreme ultraviolet lithography machine. An ASML extreme ultraviolet lithography machine.Source: ASML Holding NV

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By Sarah Jacob

July 15, 2026 at 5:07 AM UTC

Updated on July 15, 2026 at 7:16 AM UTC

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ASML Holding NV lifted its annual sales forecast for the second time this year and laid out plans to increase production as a surge in artificial intelligence spending drives demand for the Dutch company’s chip-making machines.

Net sales will grow to between €43 billion ($49.2 billion) and €45 billion this year, the company said in a statementBloomberg Terminal on Wednesday. That is well above the €39.3 billion average estimate among analysts compiled by Bloomberg as well as the company’s prior guidance for annual sales of €36 billion to €40 billion.

Read Original at Bloomberg.com