Quartz·1 min read·medium
ASML is raising its annual sales forecast for the second time this year on surging AI chip demand
✦AI Summary
ASML has increased its full-year sales forecast to between €43 billion and €45 billion, marking the second upward revision this year. The company attributes this growth to the sustained, high demand for AI-related chip manufacturing equipment.
The Dutch chip equipment maker now expects full-year net sales of €43 billion to €45 billion, up from a prior forecast of €36 billion to €40 billion
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