ASML Holding NV has reported stronger-than-expected orders for the second quarter, driven by high demand for its advanced chip-making equipment used in artificial intelligence applications. Net bookings reached €5.5 billion, surpassing analyst estimates of €4.44 billion. The company's Q2 revenue was €7.7 billion with a gross margin of 53.7%.
The strong performance was underpinned by the increasing demand for AI chips, with major companies investing heavily in AI infrastructure. ASML shipped its first EXE:5200B system, which advances EUV technology, enhancing productivity and overlay performance for customers. This system achieves a throughput of ≥175 wafers per hour.
Despite the positive results, ASML struck a cautious note regarding its 2026 outlook. Analysts are closely monitoring ASML's ability to maintain growth in the face of export restrictions and evolving market dynamics. ASML anticipates Q3 revenue between €7.4 and €7.9 billion with a gross margin between 50% and 52%.
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