ASML Raises 2026 Revenue Guidance to €360-400B on Strong AI-Driven Chip Demand

Gate News message, April 15 — ASML, the world’s leading semiconductor equipment manufacturer, raised its 2026 full-year revenue guidance to €360–400 billion from the prior range of €340–390 billion, driven by surging demand for advanced memory and logic chips fueled by artificial intelligence infrastructure investments. In Q1 2026, ASML reported net sales of €8.8 billion with a 53.0% gross margin and net profit of €2.8 billion.

For Q2 2026, ASML expects net sales between €8.4–9.0 billion with a gross margin of 51–52%. CEO Thijs Alkema stated that semiconductor industry growth prospects remain solid, primarily driven by AI infrastructure investments, which have created strong demand for advanced memory and logic chips. “In the foreseeable future, market supply will remain insufficient to meet demand across all end markets from AI to smartphones and PCs, driving customers to accelerate capacity expansion,” he said. Customers indicated that memory chip supplies will remain tight throughout 2026 and beyond, while advanced logic chip clients are expanding capacity across different process nodes. Alkema highlighted that both memory and logic chip customers are increasing capital expenditures and accelerating capacity ramp-up in 2026 and beyond, supported by long-term agreements with ASML. Memory, DRAM (dynamic random-access memory), and advanced logic customers are increasing their use of EUV (extreme ultraviolet) and immersion DUV (deep ultraviolet) lithography systems, raising the proportion of lithography in total wafer fab investments.

CFO Raf Moons expects strong EUV performance, including both Low NA (numerical aperture) and High NA EUV systems, with non-EUV business also showing growth. “Immersion and dry DUV businesses are performing well, as are applications, so we have upgraded non-EUV expectations from flat to growth,” Moons said. He also projected robust growth in installed base service revenues. ASML plans to announce a total ordinary dividend of €7.50 per share for 2025, a 17% increase from 2024, with three interim dividends of €1.60 per share in 2025 and 2026, and a final dividend of €2.70 per share recommended to shareholders. In Q1 2026, ASML repurchased approximately €1.1 billion in shares under its 2026–2028 buyback program.