ASML's AI Surge: Record Bookings and Future Prospects

ASML, the leading chip equipment supplier, posted remarkable fourth-quarter bookings of 13.2 billion euros, exceeding expectations due to increased investments in AI chipmaking. With growing demand from tech giants like Microsoft and Google, the company has raised its 2026 sales outlook, projecting significant growth in AI-related chip production.

ASML, the dominant player in computer chip equipment, announced robust fourth-quarter bookings, cementing its position as an industry leader. The company reported bookings soaring to 13.2 billion euros, outstripping analyst predictions significantly.

This surge is driven by escalated investments in artificial intelligence (AI) chipmaking as cloud computing behemoths like Microsoft, Amazon, and Alphabet's Google ramp up demand for AI logic and memory chips.

ASML's Chief Executive Christophe Fouquet indicated a promising future, citing medium-term market optimism. The company's revised sales forecast for 2026 now stands between 34 billion and 39 billion euros, a strategic leap from prior estimates.

(With inputs from agencies.)