ASML Holding N.V. reported record third-quarter financial results. Net sales reached €11.7 billion, significantly above analyst expectations. Net income was €5.0 billion, also significantly above expectations.
The Dutch company is the sole manufacturer of extreme ultraviolet (EUV) lithography machines, which are essential for advanced chipmaking. ASML cited unprecedented demand driven by investment in artificial intelligence.
ASML raised its full-year sales forecast. For the fourth quarter, it expects net sales of €14.2 billion to €15.2 billion.
CEO Christophe Fouquet said some customers are already looking to place orders as far out as 2029 and 2030. He added that planned capacity for 2027 and 2028 will likely fall short of customer needs. ASML shares traded higher in pre-market.