ASML says it's getting order interest through 2030 as profit smashes expectations
ASML said some customers are "expressing an interest" in placing orders with the company in 2029 and 2030, giving investors a view into longer-term demand.
TL;DR
- ASML is receiving customer interest for orders in 2029 and 2030, indicating strong long-term demand.
- This demand is primarily driven by customer views on the size and duration of AI-related investments.
- ASML's third-quarter profit beat expectations, and the company is investigating ways to increase production capacity for 2028.
- Samsung and TSMC have committed to using ASML's next-generation High NA EUV lithography machines.
- ASML narrowed its full-year revenue forecast to between 44 billion and 45 billion euros.
- The company expects China sales to account for 20% of its total business.