Investor Letter Says ASML Capacity Is Booked Through 2027
Suncoast Equity Management’s strategy says ASML management reported its expanded semiconductor equipment capacity was fully booked through 2027.
Key takeaways
- ASML management indicated its expanded semiconductor equipment capacity was fully booked through 2027.
- Suncoast Equity Management’s strategy doubled its ASML holding to 3% after second-quarter earnings growth of 29%.
Suncoast Equity Management’s U.S. Equity Large Cap Select Growth Strategy said ASML management indicated the company’s expanded semiconductor equipment capacity was fully booked through 2027. The strategy highlighted the update in its Q3 2026 investor letter.
The strategy said it doubled its ASML weighting to 3% after second-quarter earnings growth accelerated to 29%. It also cited management’s raised 2026 revenue outlook and guidance for accelerating third-quarter sales and margins.
The letter described ASML as having pricing power and exposure to rising spending on AI semiconductors. Those are the strategy’s views, not company guidance.
This article was produced with the help of AI technology. Source: Yahoo Finance
