0620 GMT - ASML Holding delivered an unexpectedly large boost to its annual guidance, Citi analysts write in a note to clients. The Dutch supplier of semiconductor-making equipment expects sales between 43 billion and 45 billion euros this year compared with prior guidance of 36 billion to 40 billion euros. ASML's gross margin--a closely watched metric of pricing power and profitability--is expected between 54% and 56% compared with 51% to 53% previously. Analysts say demand for machines to make memory chips is driving the bulk of the 2026 revenue upgrade. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
July 15, 2026 02:20 ET (06:20 GMT)
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