ASML Holding NV, the Dutch semiconductor equipment manufacturer, has raised its sales forecast for 2026 as artificial intelligence investment continues to drive strong demand for its chip-making machines.

The company, which supplies critical lithography equipment used to manufacture semiconductors, lifted its guidance amid continued heavy investment from chipmakers in AI-related infrastructure. Major clients including Taiwan Semiconductor Manufacturing Company (TSMC), Samsung Electronics, and Intel have been increasing their capital expenditures on semiconductor manufacturing equipment.

The raised forecast reflects the ongoing expansion in AI computing infrastructure, which requires advanced chips manufactured using ASML's extreme ultraviolet (EUV) lithography systems. These machines are essential for producing the most advanced semiconductors used in AI applications.

ASML's updated guidance comes as the semiconductor industry continues to see robust demand driven by artificial intelligence applications. The company's equipment is particularly crucial for manufacturing the cutting-edge processors that power AI systems and data centers.

The AI investment boom has created sustained demand for semiconductor manufacturing capacity, leading chip companies to continue investing billions of dollars in new production facilities and equipment upgrades.