Chip machine manufacturer ASML expects higher revenue this year than previously forecast. The company is benefiting from heavy investment by technology firms in new data centres to support artificial intelligence development. Demand for advanced chips now exceeds what manufacturers can supply.
At the same time, the Veldhoven-based company says it is factoring in discussions on possible new export restrictions. ASML released the updated outlook alongside its quarterly figures.
For the full year 2026, ASML now expects revenue of between 36 billion and 40 billion euros. Earlier, it had forecast annual revenue of 34 billion to 39 billion euros.
“We expect that this bandwidth in our forecast for 2026 offers room for possible outcomes of ongoing talks on export controls,” said chief executive Christophe Fouquet. In recent weeks, members of the US Congress proposed a bill calling for tighter export restrictions on chip machine manufacturers selling to China, including suppliers based in allied countries such as the Netherlands.
Revenue
Major chipmakers that buy ASML’s machines are struggling to meet demand for advanced chips used in data centres. As a result, they are expanding production capacity and ordering more equipment from ASML. The company also earns revenue from upgrades to machines that have already been delivered, which improve performance.
“Over the past few months, our customers have raised expectations regarding demand for their products in the short and medium term,” Fouquet said. “As a result, the order intake at ASML remains strong.”
In the first quarter, ASML reported revenue of almost 8.8 billion euros, up from more than 7.7 billion euros a year earlier. Net profit for the period came in at just under € 2.8 billion, an increase of 17 per cent compared with the same period last year.
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