Manufacturing

Chipmakers Turn to Upgrades as AI Demand Outpaces Expansion

01

ASML anticipates that its equipment output will not meet customer demand in 2027 and 2028, leading to increased business from upgrades to existing machines.

02

ASML reported third-quarter service and field-option sales of approximately €3.3 billion, driven by strong demand for productivity upgrades.

03

US chipmakers like Intel and Micron are investing in factory improvements and expansions to increase production capacity and efficiency.

04

ASML expects significant growth in memory net system sales, projected to rise around 75% this year, and advanced logic net system sales to grow over 25%.

05

ASML has completed pricing discussions for its products, with price increases expected to impact revenue and margins starting in 2027, while upgrades are seen as a key profitability driver.