ASML Holding NV raised its 2026 net sales forecast to between €36 billion and €40 billion. Surging demand for advanced chipmaking equipment driven by artificial intelligence infrastructure fueled the revision.
The company reported first-quarter net sales of €8.77 billion. Net income for the period reached €2.76 billion.
ASML shares fell despite the positive long-term outlook and earnings beat. A weaker-than-expected sales forecast for the second quarter weighed on investor sentiment. Ongoing uncertainties regarding export controls to China also pressured the stock price.