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Quartz·1 min read·medium

ASML is raising its annual sales forecast for the second time this year on surging AI chip demand

Cris Tolomia
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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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