Movement Alert|ASML Rises 3.53% in Pre-Market Trading, Q2 Results Beat Expectations with Full-Year Guidance Raised Significantly

Market Focus16:02

On July 15, ASML rose 3.53% in pre-market trading, trading at approximately $1,875 per share, with turnover of $31.72 million. The rally was driven by the company's Q2 earnings release, which delivered a comprehensive beat alongside a substantial upward revision to full-year guidance.

ASML reported Q2 net sales of 9.33 billion euros, exceeding the analyst consensus of 8.80-8.86 billion euros, with net income of 2.92 billion euros versus the expected 2.62 billion euros. EPS came in at $8.82, beating the $7.98 estimate by 10.5%. The company raised its full-year net sales outlook to 43-45 billion euros, far above the prior 36-40 billion euro range and the analyst projection of 39.9 billion euros. Q3 guidance of 11-12 billion euros also topped expectations.

Additionally, ASML announced Intel has become the first chipmaker to achieve high-volume manufacturing using High NA EUV lithography on the Intel 18A node. The CFO noted updated guidance incorporates demand from Musk's TeraFab, and the company plans to expand low-NA EUV capacity by 30% in 2027.

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