ASML said Wednesday that some of its customers are expressing interest in placing orders for its critical semiconductor tools for 2029 and 2030 as the company reported third-quarter profit that beat expectations.
The comments will likely comfort investors who have been looking to assess the longer-term demand outlook for ASML's lithography machines.
"Our customers continue to increase their short- and medium-term equipment demand forecasts with us, driven primarily by their views on the size and duration of AI-related investments," CEO Christophe Fouquet said in a press release.
"In light of their demand visibility, some customers are expressing an interest in placing orders with us for 2029 and even 2030."
ASML is the only company in the world that produces extreme ultraviolet lithography machines, a key tool used by the likes of TSMC to make the world's most advanced semiconductors.