ASML raises forecasts as AI boom boosts sales

ASML raised its sales forecast due to AI-driven demand for advanced semiconductors. The company reported 21% year-on-year sales growth in Q2 and plans to increase production capacity by 30% in 2025 and 2028. Key customers Intel and TSMC showed strong demand, and ASML's EUV lithography machines remain a critical bottleneck in AI manufacturing.