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ASML lifts ’26 forecast as surging AI chip demand boosts gears new orders

Business World Philippines

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April 17, 2026

ASML, the world's largest supplier of chipmaking tools, on Wednesday reported stronger-than-expected first-quarter earnings and lifted its 2026 revenue outlook as artificial intelligence (AI) boosts demand for its equipment.

The stronger forecast underscores the rapid expansion of the global market for AI and a resulting data center boom that is straining supply chains and turbocharging chipmaker valuations.

“Demand for chips is outpacing supply,” Chief Executive Officer Christophe Fouquet said in a statement, flagging an influx of new orders to ASML in the past quarter. “Our customers are accelerating their capacity expansion plans for 2026 and beyond.”

ASML LIFTS REVENUE FORECAST

The Veldhoven, Netherlands-based firm, Europe’s most valuable by market capitalization, said 2026 revenue will now be between €36 billion and €40 billion ($42 billion-$47 billion), up from a previous forecast of €34 billion to €39 billion.

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