ASML raises its sales outlook for the second time within the year, as the AI investment boom drives demand growth

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Golden Finance reported that on July 15, as the artificial intelligence investment boom continued to drive demand for chip-manufacturing equipment, ASML (ASML.O) raised its full-year sales outlook for the second time this year. The company said on Wednesday that it expects net sales this year to reach €43 billion to €45 billion, previously forecast at €36 billion to €40 billion in April. As tech companies such as Microsoft and Alphabet invest tens of billions of dollars to build advanced AI infrastructure, chipmakers are accelerating capacity expansion. Meeting market demand is one of the key challenges facing ASML CEO Fokker Li.
ASML previously said it plans to produce at least 60 low numerical aperture extreme ultraviolet (EUV) lithography systems this year, and expects to have the capability to produce at least 80 low numerical aperture EUV systems per year by 2027. In addition, ASML is continuously expanding its capacity layout. The new facility in Eindhoven, the Netherlands, is planned to start construction this quarter and can ultimately accommodate about 20k employees. (Jinshi)
ASML0.36%
MSFT2.92%
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