ASML’s profit surged 27% year over year as resilient demand for its advanced chipmaking systems powered another strong quarter. ◾ Revenue: €9.3B (+21%) ◾ Operating profit: €3.5B (+30%) ◾ Net profit: €2.9B (+27%) Can continued AI investment keep $ASML’s momentum going?

ASML says its 2027-2028 EUV production plans already include demand from Elon Musk's Terafab project. The massive Texas chip facility is expected to power next-generation AI infrastructure for Tesla, SpaceX, and xAI, marking another major step toward large-scale AI compute.

ASML CEO on Elon Musk's Data Centers in space and Terafab: "I think you need a certain amount of data centers and they will be in space, they will be on the earth. I think the discussion about data centers in space is to address another potential bottleneck in the ecosystem, which is energy. I think the discussion around putting data center in space is there because if you do that, the energy consumption or the energy availability will be there, about trying to solve another potential big issue, which is energy for data center. I think the Terafab is an example of a major fab project."

ASML is the invisible backbone of AI and semiconductor revolution. Without ASML: 🚫 No NVIDIA H100 🚫 No AI supercomputers 🚫 No GPT-3/4/5, or Claude 🚫 No scalable data centers They make this $400M machines that basically sit behind all advanced chips

⚙️ ASML’s chipmaking moat pays off: $ASML turned €9.3B in quarterly sales into €2.9B in net profit as sales rose 21% YoY and margins hit 54%. Shares are only about 1% above pre-earnings levels, despite a 69% YTD gain.

With ASML and TSMC reporting results this week, @JPvOudheusden, Market Analyst at eToro, joined Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa to discuss the accelerating demand for advanced chips, the outlook for the semiconductor industry, and what it means for global markets.