AI扩张推升ASML利润 - 2026财年展望

Sep 3, 2026

AI-related investment expansion is driving higher earnings at Dutch semiconductor equipment leader ASML, pushing net profits up to 2.76 billion euros in the latest quarter while lifting the company’s 2026 sales forecast to 36–40 billion euros. Management links the outlook to sustained AI infrastructure spending and stronger order intake, while warning that export-control discussions may influence outcomes. ASML’s China exposure is described through shifting sales shares, alongside ongoing U.S.-China technology restrictions and global revenue updates by quarter.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages16

Reading Time40 min

AccessFree to download

Earnings and outlook

Quarterly results and profit drivers

2026 sales forecast and order intake

Trade and export controls

U.S.-China tensions and China revenue share

Tariffs, Supreme Court impact, and market implications

UK-US political trade context

Trump threat to backtrack on UK accord

Criticism over Iran war support

| AI expansion drives up profits at bullish tech giant ASML
THE HAGUE: Dutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, said Wednesday that rapidly expanding AI-related investments had pushed up net profits as it also hiked its sales forecast for 2026.
ASML, Europe’s biggest tech firm by market value, is a critical cog in the global economy, asthe semiconductors crafted with its tools power everything from smartphones to missiles. In its latest quarterly earnings statement, the Dutchbased firm reported net profits of 2.76 billion euros ($3.25 billion), compared to 2.4 billion in the first quarter of 2025.“The semiconductor industry’s growth outlook continues to solidify, driven by ongoing AI-related infrastructure investments,” said the firm’s CEO Christophe Fouquet.
Investors appeared to shrug off the news, with ASML shares rising just 0.2 percent at the opening bell of the Amsterdam stock market.“Clearly 2026 is panning out very nicely. It’sa very strong year. We’re looking at a strong growth year,” said Chief Financial Officer Roger Dassen. | | --- | | | | The company raised its prediction for fullyear sales to between 36-40 billion euros from a previous estimate of 34-39 billion euros. That forecast range “accommodates potential outcomes of ongoing discussions around export controls”, said Fouquet.
ASML has been caught in the crossfire of a tech spat between the United States and China and has previously warned its Chinese sales would “decline significantly” this year.
Washington is leading efforts to curb hightech exports to China over fears they could be used to bolster the country’s military. Beijing has reacted furiously to the measures, describing them as “technological terrorism”. A breakdown of ASML figures shows that 33 percent of sales went to China in 2025, compared to 41 percent in the previous year, with China being the firm’stop customer in both years.
The firm said total revenue in the first quarter was 8.77 billion euros, at the “high end” of what the company had earlier predicted. This compared to 7.8 billion in the first quarter of last year and 9.7 billion in the fourth quarter of 2025. The company issued a new forecast for the second quarter, of between 8.4 billion and 9.0 billion euros. Fouquet said ASML customers were“accelerating their capacity expansion plans for 2026 and beyond”, resulting in a “very strong”order intake for the firm.
“These business dynamics underpin our expectation that 2026 will be another growth year for all our businesses,” he said. In January, ASML announced a shake-up in its organization that was expected to result in the loss of around 1,700 jobs in the Netherlands and United States, mainly from leadership roles. The firm employs roughly 44,000 staff worldwide.–AFP | | | | --- | |
Britain’s Prime Minister Keir Starmer (right) and US President Donald Trump shake hands as Starmer finishes his opening statement at a business event at Chequers in Aylesbury, central England, on September 18, 2025.—AFP | | Trump threatens to backtrack on UK trade accord
LONDON: US President Donald Trump has threatened to renege on a trade agreement with the UK, limiting the impact of US tariffs, as he again criticized Britain’s lack of support in the Iran war.
But Trump, who has repeatedly slammed the policies of British Prime Minister Keir Starmer, said strains in the relationship with the US’s NATO ally would“not at all” negatively affect King Charles III’s state visit to the US later this month.“We gave them a good trade deal, better than I had to, which can always be changed,” the US president was quoted as saying by Sky News on Wednesday.
The comments came in a phone interview with Sky News US reporter Mark Stone. London and Washington concluded a trade agreement last year capping US tariffs at 10 percent on most British manufactured goods. In return, the UK agreed to open its markets further to American ethanol an

FAQs

How is AI-related spending affecting ASML’s profits and guidance?

ASML says rapidly expanding AI investment has boosted net profits and supports a raised 2026 sales forecast. The company attributes the growth outlook to ongoing AI infrastructure investments.

What range did ASML set for 2026 full-year sales, and why?

ASML raised its 2026 sales prediction to 36–40 billion euros from 34–39 billion euros. The range is said to accommodate potential outcomes tied to export-control discussions.

How do U.S. and China export controls relate to ASML’s business?

The text describes U.S. efforts to curb high-tech exports to China and Beijing’s reaction, with ASML previously warning Chinese sales would decline. It also notes China’s share of sales fell from 41% to 33% between the compared periods.

Sep 3, 2026

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