AI boom drives record sales at Dutch tech giant ASML
Dutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, said Wednesday the huge demand for AI had powered record sales and strong profits, vowing to scale up production.
ASML, Europe’s biggest tech firm by market value, said net profits came in at 5.0 billion euros in the third quarter of the year, compared with 2.1 billion in the same period of 2025.
Strong customer demand prompted the firm to hike its full-year sales forecast slightly, predicting total turnover of between 44-45 billion euros, from a previous projection of 43-45 billion.
