ASML Holding reported second-quarter net sales of €9.33 billion, representing a 21% year-over-year increase. Net income reached €2.9 billion for the period. Earnings per share rose 28.6% to €7.59, surpassing analyst expectations.
Robust demand for artificial intelligence chips powered the quarterly performance. The Installed Base Management division generated higher-than-expected revenue through system services and upgrades. Gross margin reached 54.0%, exceeding the company's previous guidance.
ASML raised its full-year revenue forecast to a range of €43 billion to €45 billion. This outlook increases the previous estimate of €36 billion to €40 billion. Management also boosted the gross margin outlook, citing sustained confidence in AI-driven demand.