ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.

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

The Netherlands-based business is Europe's most valuable listed company with a market capitalisation of €610 billion ($696 billion) after the AI boom helped to lift its share…