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ASML raises sales forecast for second time this year on strong AI chip demand

  • Posted on July 15, 2026
  • By CNBC
  • 0 Views
  • 1 min read
In brief

ASML, the Dutch semiconductor equipment manufacturer, has upgraded its revenue projections for the second consecutive time in 2024, driven by unprecedented demand from artificial intelligence chip producers. This optimistic revision reflects the surging global investment in AI infrastructure and the critical role of advanced chip manufacturing technology. The company's improved outlook signals robust growth momentum in the semiconductor sector and indicates sustained momentum in next-generation processor production.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

ASML raises sales forecast for second time this year on strong AI chip demand
ASML raises sales forecast for second time this year on strong AI chip demand

ASML raises sales forecast for second time this year on strong AI chip demand continue reading...

Author
CNBC

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