Wednesday, 14 October, 2026
Printing Pure Profit: ASML Hits Record Sales as AI Insatiable Demand Triggers Chip Monopoly Boom
By TechShots Studio
Fueled by surging global demand for AI-enabling semiconductors, Dutch tech giant ASML posted record third-quarter net sales of €11.7 billion and net profits of €5.0 billion. As the sole manufacturer of critical extreme ultraviolet lithography machines, ASML raised its full-year outlook and revealed that customers are already eyeing orders for 2029 and 2030 amidst widespread supply shortages.
Read full story at CIO ECONOMIC TIMES