Dutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net profits compared with the same period in 2025. Europe's biggest tech firm by market value said net profits came in at 2.9 billion euros, compared with 2.3 billion in the second quarter of last year.

ASML's China system sales dropped from 36% to 19% in one quarter as US export controls tighten. The chipmaking giant raised 2026 revenue guidance to €36-40

TSMC and ASML report Q2 2026 earnings amid a tech stock selloff. Here's what their results mean for AI spending, semiconductors, and crypto markets.