Lates News

Citigroup analysts said that Dutch semiconductor equipment maker ASML's plan to expand chipmaking equipment capacity, combined with some customers already beginning to express interest in orders for 2029 and 2030, indicates that visibility into the company's future demand is continuing to improve. Citigroup analysts noted that market discussion around ASML's stock is increasingly shifting toward the scale of capacity expansion in 2028 and beyond, as well as the potential boost to the company's profit margins from rising equipment prices and higher adoption of advanced lithography machines. ASML Chief Financial Officer Roger Dassen said the company has now completed pricing negotiations with major customers, and the impact of the related price adjustments is expected to gradually emerge starting in 2027. Citigroup believes that as customers gain greater visibility into their long-term equipment procurement needs, the market's focus on ASML is shifting from short-term order performance to longer-term capacity growth potential, as well as the room for margin improvement brought by advanced equipment sales and pricing changes.