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ASML raises sales forecast for second time on AI chip demand
The company increased guidance again this year as customers expanded production capacity for AI chips, signaling continued strength in demand.
CNBC Markets reports that ASML lifted its sales forecast for a second time this year, citing strong demand tied to customers ramping up production of AI chips.
The outlet said the guidance increase reflects ongoing efforts by ASML customers to expand their AI-chip manufacturing capacity.
According to CNBC World, ASML’s update builds on earlier higher expectations during the year, positioning the company for further sales growth as AI-related production continues to scale.
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