Veldhoven-based chip manufacturer ASML reported a turnover of almost €2.5 billion for quarter three, €250 million more than expected.
Profits were also up in what the company called a “strong quarter”. The increase in sales is the result of the sale of an extra EUV machine, CFO Wolfgang Nickl said. This is a new generation of highly advanced chip machines.
Overall, ASML continues to enjoy high demand for its machines in the current chip market. Nickl expects an increase in both revenue and profit of 25 and 35% respectively, which would surpass ASML’s record turnover of €6.8 billion in 2016.
Translated by: Bob