ASML Holding reported a 26% year-on-year increase in second-quarter net profit, rising to €2.9 billion from €2.3 billion in the same period last year.
The Dutch semiconductor equipment manufacturer, Europe’s largest technology company by market capitalization, cited robust demand for advanced lithography systems as the primary driver behind the financial improvement.
Shares in ASML climbed in early European trading following the release, reflecting investor confidence in the sustained momentum of artificial intelligence infrastructure spending.
The stock’s movement aligns with broader sector strength, as markets continue to price in the long-term growth trajectory of AI-related capital expenditure.
This performance follows ASML’s decision to upgrade its full-year sales guidance for the second time this year, a move that signaled accelerating demand from customers expanding their AI chip production capacity.
The company’s ability to repeatedly raise its outlook highlights the structural shift in the semiconductor supply chain toward high-end logic and memory technologies required for next-generation data centers.