ASML lifts semiconductor sector with
Photo: Peter Dejong AP/TT

ASML lifts semiconductor sector with raised forecast and higher production plans

Dutch ASML - a leading manufacturer of semiconductor equipment and Europe's most highly valued listed company - is up 8 percent on the Amsterdam stock exchange. A raised forecast and announcements of increased production in an interim report are behind the share price rise.

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Net sales in the second quarter were 9.3 billion euros, compared with an average forecast among analysts of 8.8 billion, according to Bloomberg.

Net profit came to 2.9 billion euros, compared with an expected 2.6 billion.

For the full year 2026, ASML expects net sales of 43-45 billion euros. This compares with an average forecast among analysts of 39 billion and a previous ASML forecast of 36-40 billion euros.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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