| Mobile Web

ASML seeks 30 percent capacity boost as hopes rise for Europe\'s first $1 trillion company

ASML raised its 2026 revenue forecast to 43 billion to 45 billion euros and said it will expand production capacity by 30 percent over the next two years, fueling expectations that Europe could see its first $1 trillion company. The company detailed plans to increase annual output of EUV and DUV immersion tools. It also reported second-quarter results and strong customer orders, while highlighting risks including export controls and whether expansion translates into sales.