ASML Raises Full-Year Sales Outlook

ASML upgraded the low end of its 2026 sales forecast as increasing artificial intelligence spending boosts demand for the Dutch company's chip-making machines. The firm projected annual sales of between 44 billion ($49 billion) and 45 billion this year. ASML's outlook offers an indication of investment plans by chipmakers like TSMC, Samsung Electronics and Intel. Bloomberg's Tom Mackenzie reports.