ASML's role is vital to the global economy and a key barometer of the tech sector, with chips made using its equipment powering everything from smartphones to missiles. (AFP pic)THE HAGUE: Dutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in third-quarter net profits compared with the same period in 2025.
ASML, Europe's biggest tech firm by market value, said net profits came in at €5.0 billion, compared with €2.1 billion in the third quarter of last year.
The firm also hiked its full-year sales forecast, predicting total turnover of between €44-€45 billion, from a previous projection of €43-€45 billion.
ASML is a critical cog in the global economy and a key bellwether for the tech sector, as the semiconductors crafted with its tools power everything from smartphones to missiles.
