ASML raises full year revenue guidance to confirm the prosperity of the semiconductor equipment industry

On July 2nd, ASML announced an increase in its full year revenue guidance, mainly due to the growing demand for advanced lithography equipment related to AI chip manufacturing. TSMC, Samsung and other wafer foundries are accelerating the introduction of high numerical aperture EUV lithography machines to meet the demand for AI accelerators, enhancing the certainty of advanced process expansion for 3nm and below. The order data of equipment leaders such as Applied Materials and Panlin Semiconductor have verified the demand on the equipment side. The expansion of advanced processes is entering the actual procurement stage from the planning stage, and the extended delivery cycle of equipment confirms the tight supply-demand balance pattern.