ASML, Europe’s leading supplier of advanced semiconductor lithography machines, warned that AI‑driven chip demand will exceed its production capacity for at least two more years, pushing its 2028 outlook beyond the previously announced 30% capacity increase. The Dutch firm raised its Q4 sales guidance to €14.2‑15.2bn and expects full‑year net sales of €44‑45bn, driven by booming orders from Nvidia, Broadcom, AMD, TSMC and Intel. CEO Christophe Fouquet said customers are now placing orders for 2029 and 2030, prompting ASML to explore both upgrading existing machines and expanding output.
Shares have surged 78% in the past year, while semiconductor bottlenecks remain a key constraint on AI infrastructure spending, projected by Goldman Sachs to surpass $1tn this year. ASML is also advancing its next‑generation “High NA” lithography system, slated for high‑volume manufacturing around 2030, further cementing its monopoly in the market.
Source: Financial Times Companies · Summarized by HeadlinesBriefing