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ASML posts record €11.7 billion in sales but warns it can’t keep up with AI demand

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ASML, the Netherlands-based equipment supplier to the semiconductor industry, said on Wednesday that its current production plans would fall short of customer demand in 2027 and 2028, as AI investment continues to drive up orders. ADVERTISEMENT ADVERTISEMENT The company also posted its highest-ever quarterly sales, at €11.7 billion in the third quarter, and raised the bottom of its sales forecast for 2026. ASML said customers are still increasing their forecasts for equipment demand, largely based on how big and long-lasting they expect AI investment to be. Some even want to book machines now for 2029 or 2030. In July, the…

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