ASML Sees Rising Demand After Earnings Hit by Supply Snags
- Net sales forecast for 2Q fell short of analysts’ estimates
- CFO cited increase in labor, component, freight, energy prices
ASML has cornered the market for the latest advanced extreme ultraviolet lithography equipment.
Source: ASML Holding NV
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ASML Holding NV signaled plans to raise its forecast later this year as demand for its chip-making machines outstrips supply.
“In light of the demand and our plans to increase capacity, we expect to revisit our scenarios for 2025 and growth opportunities beyond,” Chief Executive Officer Peter Wennink said. “We plan to communicate updates in the second half of the year.”