ASML forecasts AI demand will exceed supply through 2028

ASML: ASML Holding is the world's leading manufacturer of photolithography equipment used to produce advanced semiconductors, specializing in extreme ultraviolet (EUV) and High-NA EUV systems essential for cutting-edge chip fabrication. The company supplies critical machinery to major chipmakers including TSMC, Samsung, and Intel. In its latest quarterly update, ASML stated that AI-driven customer demand for its tools is so robust that planned capacity will fall short in both 2027 and 2028, leading it to explore further production expansions. Capacity Response: ASML is actively investigating ways to increase production capacity for 2028 beyond previously communicated targets to better align with customer forecasts. Demand Visibility: Customers are shifting discussions and expressing interest in equipment orders extending into 2029 and 2030, reflecting expectations of prolonged AI-related investments. Industry Position: ASML remains the primary supplier of the advanced lithography systems required for manufacturing the most sophisticated chips powering AI infrastructure.