ASML (ASML) 2026 Sales Forecast Raised to €36-40 Billion
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowASML (ASML) raised its 2026 revenue forecast to €36 billion-€40 billion from €34 billion-€39 billion, citing increased AI-driven chip demand. For Q1, ASML reported net sales of €8.8 billion and net income of €2.8 billion, exceeding analyst estimates of €8.5 billion and €2.5 billion respectively. The company guided Q2 net sales between €8.4 billion and €9.0 billion with gross margins of 51%-52%. Additionally, ASML noted significant growth in memory chip sales, which accounted for 51% of new-tool net sales, a rise from 30% previously.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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