ASML Holding is trading 3.6% up today at €1606.40 after reporting a strong Q2 earnings beat and significantly raising its long-term financial outlook.
- Management reported Q2 net sales of €9.3 billion and net income of €2.9 billion, driven by surging demand for AI-related chip-making equipment.
- The company raised its full-year 2026 revenue guidance to between €43 billion and €45 billion, citing a boom in AI demand and higher service revenues.
- Shares are outperforming the broader semiconductor sector, which remains weak, as company-specific growth catalysts drive investor confidence.