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ASML shares gain 5% after second sales forecast raise of the year, driven by AI chip demand

7/20/2026

A second sales forecast upgrade in the same calendar year from ASML (ASML) moved shares 5% higher on Wednesday.

The semiconductor equipment company said its customers are continuing to ramp production capacity for AI chips, and that demand proved strong enough to pull guidance higher for the second time.

Second raise this year, same driver Wednesday's update is the second time in the current year that ASML has lifted its annual sales outlook.

The reason cited is the same as the first revision: customers building out AI chip production capacity.