ASML reported first-quarter earnings exceeding expectations, driven by increased demand for its chipmaking equipment. The Dutch semiconductor giant saw a 15% rise in net profits, reaching €2.76 billion compared to the same quarter last year.
The company’s clients, including TSMC, Samsung, and Intel, are investing heavily in semiconductor-making machines. This surge in spending is fueled by the growing global demand for artificial intelligence.
As a result of the strong performance and continued investment, ASML has raised its full-year sales forecast for 2026, anticipating further growth in revenue and profit. The company is the world’s largest supplier of chipmaking tools.