ASML Projects €36 Billion in Net Sales by 2026 Driven by Booming AI Chip Demand

ASML, one of Europe's leading tech giants, has delivered impressive first-quarter results, reporting net sales of €8.8 billion and net income of €2.8 billion. The company anticipates continued growth, forecasting net sales of €36 billion by 2026, fueled by rising demand for chips driven by the AI boom.