ASML Reports Strong Q2 2026, Impacting Intel (INTC) Expectations

ASML Holding reported second-quarter 2026 results on July 15, exceeding Wall Street's expectations and significantly raising its 2026 guidance. Intel (INTC) is utilizing ASML's high-NA extreme ultraviolet (EUV) lithography equipment to mass-produce Panther Lake client processors, with expected volume increases of six to seven times in Q2 compared to Q1. Intel projected Q2 revenue of $14.3 billion and non-GAAP earnings per share of $0.20, marking an 11% year-over-year increase and a turnaround from a $0.10 loss per share last year. This positive performance suggests potential gains for Intel investors ahead of its upcoming results announcement on July 23.