ASML has €11.7bn Q3 ⋆ Electronics Weekly

The Nasdaq Composite fell 1.88% to 26,692.87 on October 14, 2026, driven by higher-than-expected inflation data and a warning from ASML about semiconductor demand. Key tech stocks like AMD, Micron, and Nvidia declined, while Apple rose 0.3%. The index is now 3.7% below its 52-week high.

ASML reported record Q3 sales of €11.7bn, up from €9.3bn in Q2, with a gross margin of 57.5% and net income of €5.0bn. The company warned that 2027 and 2028 supply may fall short of demand, despite a 30% capacity increase. Q4 guidance is €14.2bn to €15.2bn in sales with a 57% gross margin. Shares rose 2% in Amsterdam but fell 3.9% on Nasdaq.

ASML reported record Q3 sales of €11.66B and net income of €4.96B, raising its full-year revenue forecast to €44B–€45B. The company anticipates AI-driven chip demand to extend into 2030, with supply shortages expected through 2028 despite planned capacity expansions. ASML is investigating additional capacity for 2028 and expanding upgrades for existing equipment.

ASML Holding (NASDAQ:ASML) reports strong demand for its EUV lithography machines, with supply expected to lag until at least 2028. Cantor Fitzgerald reiterated an Overweight rating and a €2,500 price target, citing 66% upside. Q3 revenue rose 55% YoY to €11.66B, with EPS of €12.93. ASML's stock is down 6% in the past week but up 48% YTD.

OpenAI appoints Uday Ruddarraju as its third head of AI compute in under two years, projecting $750B in compute spending by 2030. CoreWeave faces rising borrowing costs near 15% while targeting insurer capital. ASML reports strong demand for its chipmaking tools, with orders extending to 2030 and plans to increase production and prices.

ASML reported Q3 2026 sales of EUR 11.7B, exceeding expectations with a 57.5% gross margin. The company forecasts Q4 sales between EUR 14.2B and EUR 15.2B, driven by AI-related demand. ASML's GF Score is 96/100, but its stock is deemed 31.3% overvalued according to GF Value.