$ASML(ASML.US) just printed a record quarter
Q3 total net sales hit €11.7 billion, with a 57.5% gross margin and €5.0 billion in net incomeInstalled Base Management sales landed at €3.3 billion, above guidance, on heavy demand for productivity upgradesManagement guided Q4 sales to €14.2-15.2 billion and full-year 2026 sales to €44-45 billion, with gross margin around 56%The company also said it sold 17 EUV machines in the quarter, tools that can run as high as about $400 million apieceCustomers are already talking orders into 2029 and 2030 as AI-related chip demand keeps lifting their forecasts$ASML(ASML.US) is still the choke point for advanced logic. A record print plus higher FY sales is the clearest signal yet that the AI capex wave is still feeding through the lithography stack, even if the stock digests the readout.Source: StockMarket.News
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.