ASML Says Chip Equipment Demand Will Outrun Capacity Plans
The Dutch supplier says planned output for 2027 and 2028 may fall short, while some customers are exploring deliveries as far out as 2030.
Key takeaways
- ASML says planned 2027 and 2028 output may not meet customer demand.
- Some customers have expressed interest in delivery slots for 2029 and 2030, but those are not confirmed orders.
- Third-quarter sales were €11.7 billion and net profit was about €5 billion.
ASML said demand for its chipmaking equipment may exceed its planned production capacity in 2027 and 2028, as chipmakers expand investment amid rising expectations for artificial intelligence. CEO Christophe Fouquet said some customers are already interested in delivery slots for 2029 and 2030.
Those later deliveries are not confirmed orders, the company said. ASML is examining ways to expand capacity for 2028 beyond a previously announced 30% increase for some lithography systems.
The company reported third-quarter sales of €11.7 billion and net profit of about €5 billion. It sold 113 lithography systems during the quarter, compared with 86 in the second quarter. Revenue from servicing and upgrading existing machines reached €3.3 billion.
ASML raised the lower end of its 2026 sales forecast to €44 billion, from a previous range of €43 billion to €45 billion. It expects fourth-quarter sales of €14.2 billion to €15.2 billion.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
