UBS says ASML's revenue guidance for 2027 may grow by more than 30%

UBS analysts stated in a report that ASML’s production capacity forecast for chip-manufacturing equipment in the coming years still has room for upward adjustment. In July, ASML said it plans to increase output of deep ultraviolet (DUV) and extreme ultraviolet (EUV) lithography machines by 30% in 2027, and by another 30% in 2028. According to the analysts, to meet the strong demand for AI chips, ASML may revise its production capacity growth targets to above 30%. They also expect ASML may provide guidance for revenue growth of over 30% year-on-year in 2027.