ASML shares up after Q3 margin beat, outlook hike

ASML Holding

14/10/2026 08:40

        ** Shares in ASML ASML.AS gain around 3% after it hiked its full-year sales outlook and said it it was looking at ways to expand capacity due to strong AI-driven demand for its chip-printing tools
** Move adds around €18 billion to its market cap as of 0740 GMT
** "We believe that the better than WFE 2026 growth and that it will expand capacity beyond what was previously planned in 2028 are very positive indications" - JPMorgan says in a note
** JPM also notes the "very strong gross margin" driving Q3 results ahead of expectations, adds the full-year EBIT is around 5.5% ahead of consensus estimates too
** Amsterdam-listed peer ASMI ASMI.AS rises around 2.5%
        
($1 = 0.8923 euros)

(Reporting by Jakob Van Calster)
((jakob.vancalster@thomsonreuters.com))