ASML CEO Christophe Fouquet: AI chip demand to outpace supply through 2028

ASML's monopoly on extreme ultraviolet lithography machines makes its order book a read on the broader chip supply chain. The company sold 113 new lithography systems in the quarter, up from 66 a year earlier, and management said customers are already interested in placing orders for 2029 and 2030. That has prompted ASML to look at expanding production capacity beyond its previously stated 2028 target of 30%.

CEO Christophe Fouquet tied the outlook to visibility from leading-edge high-volume customers, who he said have concluded demand for their products will outpace supply through at least 2028. ASML's client list includes foundries, memory makers, and integrated device manufacturers such as TSMC, Intel, Samsung, and Micron, so its comments carry weight across those segments.