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Why is ASML stock rallying today? By Investing.com

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Why is ASML stock rallying today? By Investing.com
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ASML Holding NV shares jumped 1.9% to €1,538.6 after the Dutch chipmaking-equipment leader released its third-quarter 2026 results before market open. The company posted GAAP earnings per share of €12.93, €2.14 above analyst estimates, while revenue of €11.66 billion rose 55.1% year over year but came about €70 million below consensus. Installed Base Management sales topped guidance at €3.3 billion, lifting gross margin above guidance to 57.5%. ASML raised its full-year revenue outlook to €44–€45 billion and guided fourth-quarter net sales above expectations. CEO Christophe Fouquet said some customers are interested in orders for 2029 and even 2030.

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