ASML Q2 Earnings Call Lifts Outlook on AI-Driven Demand

ASML reported Q2 2026 EPS of $8.81 and revenues of $10.84B, both beating consensus, and raised its full-year sales outlook to €43B-45B with gross margin of 54-56%. AI demand is driving broad-based investment across advanced logic nodes (3nm through 1.4nm), DRAM, and HBM, with memory-related system sales expected to grow over 75% this year.

Why it matters: ASML plans a 30% Low-NA EUV capacity increase for 2027 and is investigating another 30% increase for 2028, while also signaling improving pricing power and continued High-NA EUV progress with Intel 18A.