After the results of $ASML and $TSM this week, there is no doubt: AI spending remains at its peak



$ASML Wednesday:
- Raised 2026 revenue forecasts from 34-39 billion euros to 36-40 billion euros
- Will ship 60 EUV machines in 2026 (+25% over 2025), and 80 machines in 2027
The CEO said: "Demand for chips exceeds supply, and our customers are accelerating their expansion plans for 2026 and beyond"

( Thursday:
- Q1 revenue of $35.9 billion )+40% annually$TSM
- Profits jumped 58%
- Raised full-year growth forecast to +30%
- Capital expenditure at the upper end of $52-56 billion (30% higher than 2025)
The CEO described demand as "very strong" and said production capacity is operating at full capacity

The only remaining question: When will we enter the (Return on Investment) phase? Especially for (‎) (
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