ASML Surpasses Order Expectations on AI Boom While Cutting 1700 Jobs
ASML reported record quarterly bookings today driven by surging AI demand. The chipmaker also announced 1,700 job cuts while raising its 2026 sales outlook.
Insights:
ASML Holding N.V. announced on Wednesday, January 28, 2026, that its fourth-quarter bookings reached €13.2 billion, significantly exceeding both the €5.4 billion recorded in the previous quarter and analyst expectations of €6.32 billion. This surge in orders was primarily driven by robust demand for artificial intelligence-related semiconductor equipment. In light of these results, ASML Holding N.V. , which is the world's largest supplier of chipmaking tools and Europe's largest company by market capitalization, has raised its sales outlook for 2026.
