ASML says it's getting order interest through 2030 as profit smashes expectations — SkimNews
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- ASML reported third-quarter net profit of 4.96 billion euros, smashing LSEG consensus estimates of 4.1 billion euros.
- ASML said customers are expressing interest in placing orders for its lithography tools as far out as 2029 and 2030, citing strong visibility into AI-driven chip demand.
- Christophe Fouquet, ASML's CEO, stated that current supply plans for 2027 and 2028 will not meet customer demand and that the company is exploring ways to exceed its prior 30% capacity increase target for 2028.
- Samsung and TSMC committed to using ASML's High NA extreme ultraviolet (EUV) lithography machines during the quarter, a next-generation tool critical to future semiconductor scaling.
- ASML maintained its forecast for China sales to account for 20% of total business, despite U.S. export restrictions limiting sales of EUV and some DUV machines to the region.
- ASML raised its full-year revenue guidance, now expecting net sales between 44 billion and 45 billion euros, up from a previous low end of 43 billion euros.
Why it matters: ASML’s customers are locking in orders years ahead, confirming that AI-driven chip demand is not a short-term spike but a structural shift. With supply still falling short of demand through 2028, the company’s capacity expansion decisions will directly impact the global rollout of next-generation semiconductors.
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