ASML Reports $3.2B Q1 Profit, Lifts Annual Revenue Forecast to $42–47B
ASML reported first-quarter net income of $3.2 billion on sales of $10.3 billion, driven by surging AI chip demand. The company raised its full-year revenue forecast to $42–47 billion, up from $40–46 billion, citing record new orders and potential supply bottlenecks.
1. First-Quarter Financial Results
First-quarter net income reached $3.2 billion on sales of $10.3 billion, representing strong year-over-year growth and exceeding analyst projections.
2. Raised Full-Year Revenue Forecast
Management lifted its full-year revenue outlook to a range of $42 billion to $47 billion, up from the prior guidance of $40 billion to $46 billion, reflecting stronger-than-expected demand and order intake.
3. AI Chip Demand and New Orders
Robust demand for AI chipmaking equipment, particularly EUV lithography tools, drove record new orders during the quarter as data center expansions accelerated globally.
4. Supply Chain Challenges
The company cautioned that potential bottlenecks in its supply chain may arise as demand outpaces its production capacity, although it is working to mitigate these constraints.