ASML
ASML just put up a solid quarter
The Dutch lithography king reported Q1 2026 net sales of €8.8 billion and net income of €2.8 billion. That’s the kind of print that says the chip supply chain is still doing its thing, even if the broader semiconductor world sometimes feels like it’s powered by caffeine and mood swings.
The part investors really watch
The bigger takeaway isn’t just the quarter itself — it’s the company’s 2026 roadmap. ASML now expects full-year net sales of between €36 billion and €40 billion, with gross margin landing somewhere between 51% and 53%.
That matters because ASML is basically the toll booth on advanced chip manufacturing. If customers keep buying its extreme ultraviolet gear, it usually means the industry’s long-term appetite for cutting-edge chips is still alive and well.
Why you should care
For investors, this is less “one flashy quarter” and more “the machine still looks healthy.” The sales range is a nice sanity check for demand, and the margin guide suggests ASML still has pricing power — which is corporate speak for “they can probably charge a lot because everyone needs the stuff.”
Big picture: ASML didn’t just show up; it showed up with numbers and a plan. That’s usually the combo Wall Street likes.