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ASML raises 2026 outlook on AI chip boom

Europe’s most valuable company says customers are accelerating expansion plans

ASML has lifted its full-year sales forecast as the AI boom’s thirst for computing power drives demand for the advanced chip-manufacturing equipment that has transformed it into Europe’s most valuable company.

The Netherlands-based group said on Wednesday it expected total net sales of €36bn-€40bn this year, up as much as 22 per cent on 2025. Analysts had previously forecast sales of €37.9bn, according to Visible Alpha.

Founded in 1984, ASML’s grip on the market for the lithography equipment needed to manufacture cutting-edge chips has turned it into Europe’s biggest winner from the AI boom. The company can produce only a few dozen of its complex “extreme ultraviolet” lithography machines a year.

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