Chip supplier ASML achieves record sales due to artificial intelligence demand

ASML, Europe's most valuable company, announced its balance sheet for the third quarter of the year.

Accordingly, the company's revenue increased by 55 percent to 11.66 billion euros in the third quarter of this year compared to the same period of 2025.

The company's net profit exceeded market expectations and almost doubled to 4.96 billion euros.

Following the successful financial results, ASML announced that it will pay an interim dividend of 1.88 euros per share and revised its expectations upwards for the current quarter and the next period.

ASML is targeting revenue of between 14.2 billion and 15.2 billion euros and a gross profit margin of 57 percent for the last quarter of 2026, above market expectations (14.19 billion euros).

The company also updated its total sales target for 2026, which it had previously announced as 43-45 billion euros, to the range of 44 billion to 45 billion euros.

ASML, which holds 94 percent of the global lithography market and is the only company capable of producing EUV systems, has decided to increase its production capacity by 30 percent every year for the next two years in the face of intense demand.

ASML Chief Executive Officer (CEO) Christophe Fouquet, in his statement on the subject, said, "We achieved a record sales at the upper end of our target range. There is no sign of slowing down in the current growth. Our discussions with our customers have now moved beyond 2027." he said.

Fouquet stated that artificial intelligence-driven demand remains very high and that some global manufacturers have already started planning orders for 2029 and 2030.

Stating that they are planning a capacity increase, Fouquet emphasized that even this increase will not be enough to fully meet customer demand in 2027 and 2028.