ASML posts record quarter as AI chip-tool demand outruns supply

ASML reported a record quarter with €11.7 billion in sales and raised its guidance, saying demand for the lithography tools used to make AI chips is set to outrun supply through 2028.

The result underlines how the AI build-out's tightest bottleneck sits in the equipment layer beneath the chipmakers.

Sources: Reuters, ASML, Startup Fortune