ASML (NASDAQ: ASML) sent two strong signals in its Q3 report: one company-specific and the other is AI industry-wide.
The company-specific signal is that demand is high—so high, in fact, that planned 30% capacity increases over the next two years won’t cover it. According to CEO Christophe Fouquet, demand will exceed supply through 2028, pushing the company to make critical decisions. These include ramping capacity and increasing plans for new capacity, as industry signals are also robust.
