ASML stock rises ahead of earnings with eyes on potential sales boost ASML Holding is set to report its second-quarter earnings before the U.S. market opens on Wednesday. Wall Street is anticipating the chipmaking equipment company to revise its sales guidance upward, driven by a surge in global investment in semiconductor manufacturing. The Dutch firm, which is Europe’s largest company by market value, holds a near-monopoly on lithography machines essential for producing the most advanced semiconductors. ASML’s American depositary receipts have surged 61% this year through Monday’s close, with an additional 3.4% gain in Tuesday’s premarket trading. This uptick follows statements from Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading chipmaker, which announced significant investments in production capacity for the coming years. Similar commitments from memory-chip firms like Micron Technology and South Korea’s SK Hynix have further bolstered investor confidence in ASML’s prospects. Analysts tracked by FactSet are projecting ASML to report a net profit of €2.65 billion ($3.03 billion) on €8.90 billion in revenue for the second quarter. However, the company’s revenue volatility—due to the high cost of its machines, which can exceed $400 million each—has shifted investor focus from quarterly order numbers to long-term guidance. ASML has recently stated it will no longer disclose quarterly order figures, emphasizing instead its annual sales outlook. The company previously guided for 2026 sales between €36 billion and €40 billion. Jefferies analysts, however, expect ASML to raise its annual revenue target to €38 billion–€42 billion, citing plans to ship over 60 extreme ultraviolet (EUV) lithography machines this year, with shipments rising to around 90 in 2027.#micron_technology #sk_hynix #jefferies #taiwan_semiconductor_manufacturing_company #asml_holding
