ASML Holding, the Dutch company that essentially holds the keys to advanced semiconductor manufacturing, just posted Q2 2026 results that made Wall Street’s estimates look timid. The company reported €9.3 billion in net sales against analyst consensus of roughly €8.8 billion, with net income hitting €2.9 billion and a 54% gross margin.
More importantly for anyone watching the AI supply chain, including crypto market participants, ASML raised its full-year 2026 net sales guidance to €43 billion to €45 billion. That’s up from the already-elevated range of €36 billion to €40 billion, marking the second upward revision this year.
The monopoly that powers the AI arms race
ASML is the sole supplier of high-NA EUV lithography tools, the machines that companies like TSMC and SK Hynix need to fabricate cutting-edge AI semiconductors. There is no alternative vendor.
Of the company’s system sales in Q2, €3.8 billion came from EUV tools alone.
