ASML Holding and Taiwan Semiconductor Manufacturing Company (TSMC) have both increased their revenue and capital expenditure outlooks for 2026, driven by rising demand for advanced semiconductors fueled by AI growth. ASML reports over 30% growth in installed-base management revenue and expects memory-related system sales to jump more than 75% this year due to a strong DRAM market. TSMC sees robust demand for its advanced chip manufacturing nodes, projecting over 40% revenue growth and raising its capex guidance to $60–64 billion, supporting ASML's expansion plans. Both companies are rated as buys, with ASML favored for its strategic position in supplying critical lithography equipment rather than investing in fabs.
ASML Holding's long-standing 20-year advantage in lithography technology underpins its role as a key enabler in AI development and justifies its premium stock valuation. The company stands to benefit from growing competition in logic foundry, a boomi...
ASML's CFO announced that China will contribute about 20% of the company's revenue in 2026, a decrease from previous years due to US export controls on advanced chipmaking equipment. While ASML does not ship its most advanced EUV machines to China, i...
Taiwan Semiconductor Manufacturing Co. (TSMC) announced an additional $100 billion investment in the US, raising its total US investment to $265 billion to meet rising AI chip demand. This expansion could add four new advanced facilities to its Arizo...
US stock futures showed a mixed open with Dow Jones up 0.2%, S&P 500 down 0.2%, and Nasdaq down 0.8%, pressured by semiconductor stocks despite strong earnings from Taiwan Semiconductor and ASML. Oil prices remained steady amid Middle East tensions. ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
