ASML Q3 Earnings Beat Expectations as AI Chip Demand Drives Stronger Outlook

ASML $ASML reported Q3 2026 revenue of €11.66 billion versus €11.56 billion expected, while EPS reached €12.95 against estimates of €10.60. Gross margin climbed to 57.5%, exceeding the 54.8% consensus.
The semiconductor equipment manufacturer guided Q4 revenue to €14.2 billion–€15.2 billion, above the €13.8 billion estimate, and projected full-year sales of €44 billion–€45 billion.
ASML also warned that planned equipment supply for 2027 and 2028 will not fully satisfy customer demand. The company is exploring additional capacity expansion as AI-related semiconductor investment accelerates.