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raised its sales forecast for 2026 after it beat first-quarter revenue and profit expectations, driven by continued demand for chips related to AI.

Here’s how ASML did versus LSEG consensus estimates for the first quarter:

ASML previously forecast that its first-quarter sales would be between 8.2 billion euros and 8.9 billion euros.

The Dutch firm said it now sees 2026 net sales to be between 36 billion euros and 40 billion euros, compared to a previous forecast of 34 billion euros to 39 billion euros.