ASML Holding NV raised its 2026 revenue forecast to 43 billion euros to 45 billion euros, up from an earlier range of 36 billion euros to 40 billion euros, as the stock headed into Thursday poised for a second straight week of gains. The upgrade is driven by strong demand for advanced semiconductor manufacturing equipment tied to artificial intelligence applications. CEO Christophe Fouquet stated that improved production capabilities and stronger supply chain execution enabled the company to respond to customer requirements, with advanced logic and foundry-related equipment sales expected to increase more than 25% this year and memory-related system sales projected to rise more than 75%. The semiconductor equipment giant's outlook boost reflects rising investments from chipmakers expanding capacity for AI, reinforcing investor confidence in the company's market position.
ASML Raises 2026 Revenue Forecast to 43-45 Billion Euros
ASML lifted its 2026 outlook, expecting a net revenue of 43 billion euros to 45 billion euros ($49 billion to $51 billion), up from its earlier forecast range of 36 billion euros to 40 billion euros. The raise is driven by strong demand for advanced semiconductor manufacturing equipment, supported by rising investments from chipmakers expanding capacity for AI applications.
CEO Christophe Fouquet said improved production capabilities, stronger supply chain execution and expanded field support helped the company respond to customer requirements. "The dynamics are very similar in both advanced logic and DRAM, and the plans to build up capacity are equally aggressive. Our customers in both segments are entering into long-term agreements with their customers, providing them with longer-term visibility and the confidence to add significant capacity to support demand," said Fouquet.
CEO Fouquet Projects Over 25% Growth in Advanced Logic Sales
Fouquet added that ASML expects advanced logic and foundry-related equipment sales to increase more than 25% this year, while memory-related system sales are projected to rise more than 75%. ASML stock edged 0.6% lower overnight, heading into Thursday. The stock has gained over 69% year-to-date.
Morningstar Analyst Expects ASML to Maintain Semiconductor Equipment Leadership
Morningstar analyst Javier Correonero said ASML is preparing for a major expansion of its semiconductor equipment manufacturing capacity by 2028 as demand for advanced chipmaking technology remains strong. The analyst believes ASML will continue to dominate the semiconductor equipment market because major chipmakers like TSMC, Intel, and Samsung have already built factories around ASML's EUV technology. Since competitors have not been able to match ASML's technology, the company is expected to maintain its leadership position for the next decade or longer.
Retail Traders on Stocktwits Express Extremely Bullish Sentiment
On Stocktwits, retail sentiment around the stock remained in 'extremely bullish' territory. The stock saw a 2,800% jump in message volume over the last week with 1.7% gain in watchers. A user said, "Slamming the zero-growth bear case! ASML smashes earnings & hikes guide again. Last year, the consensus was bracing for 'flat to zero growth'... but lithography giant ASML just proved why it's the ultimate gatekeeper of tech!"
Another user said, "The AI infrastructure buildout is creating bottlenecks everywhere --- from lithography equipment to advanced foundry capacity to high-bandwidth memory. The market may debate valuations, but the physical demand for AI compute continues to expand. The key question is not whether AI investment exists --- it's who captures the most value across the supply chain."
FAQ
What did ASML announce about its 2026 revenue forecast?
ASML raised its 2026 revenue forecast to 43 billion euros to 45 billion euros, up from an earlier forecast range of 36 billion euros to 40 billion euros, driven by strong demand for AI-related chip equipment.
Why does Morningstar analyst Javier Correonero expect ASML to maintain its leadership?
Correonero believes ASML will continue to dominate the semiconductor equipment market because major chipmakers like TSMC, Intel, and Samsung have already built factories around ASML's EUV technology, and competitors have not been able to match ASML's technology.
How much has ASML stock gained year-to-date?
ASML stock has gained over 69% year-to-date.
