[FLASH] ASML posts record €11.7B Q3 sales, says planned 2027-28 supply will not fully meet AI-driven demand
ASML reported Q3 2026 net sales of €11.7B, a 57.5% gross margin and €5.0B net income. It guided Q4 to €14.2-15.2B and full-year 2026 to €44-45B. CEO Christophe Fouquet said customers keep raising equipment forecasts on AI investment, some want to place orders for 2029-2030, and planned 2027 and 2028 supply will not fully meet demand. Stock Titan noted that revenue was slightly below the Visible Alpha consensus, that net income included a ~€510M gain on ASML's Mistral AI stake, and that long-term contract liabilities rose to €9.3B. To watch: whether ASML adds 2028 capacity, and how the print compares with TSMC's Q3 results scheduled for Oct 15.