ASML semiconductor manufacturing supplier Q2 2026 earnings results beat EPS and revenue expectations

Dutch chip production supplier ASML beat expectations during its second quarter.

Dutch semiconductor manufacturing supplier ASML is out with Q2 2026 earnings results and shares are moving higher in European trading. The company reported earnings-per-share of $8.32/share beating analyst estimates of $7.98/share and revenue of $10.62 billion ahead of expectations of $10.05 billion in sales. 

ASML makes extreme ultraviolet (EUV) lithography machines used to produce the most advanced semiconductors and is now the most highly valued company in all of Europe with a market capitalization now well over $600 billion.

The company finds itself as another semiconductor firm benefitting from the AI bubble and rampant data center spending. Many of the high-end chips being used to fuel the artificial intelligence capital expenditure super cycle all require ASML's machines as its customers "accelerate their capacity expansion plans," according to CEO Christophe Fouquet.

ASML provided Q3 2026 sales guidance ahead of Wall Street's expectations.

We expect third-quarter 2026 total net sales between €11.0 billion and €12.0 billion, with a gross margin between 55% and 57%.

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