ASML Holding has upgraded its full-year sales guidance, marking the second revision to its outlook this year as demand for artificial intelligence infrastructure continues to accelerate.

The Dutch semiconductor equipment maker reported a gain in second-quarter profits, driven by strong orders for its advanced lithography systems used in the production of next-generation AI chips.

The upgrade underscores the sustained intensity of capital expenditure among major chipmakers and cloud providers.

ASML’s monopoly on extreme ultraviolet (EUV) lithography technology positions it as a critical bottleneck and beneficiary of the global AI build-out.

The company’s ability to repeatedly raise its forecast suggests that the current cycle of data-center expansion is deeper and more durable than many market participants initially anticipated.

This development reinforces the broader semiconductor sector’s resilience.