Catenaa, Wednesday, January 28, 2026- Spending on AI infrastructure shows no sign of slowing down as AI companies build out data centers by buying up billions of dollars of GPUs each month.
These spendings have turned Nvidia into the most valuable company on earth, while its suppliers like ASML, a Dutch photolithography company, that has become a key linchpin for the semiconductor industry.
ASML is the sole supplier of the EUV equipment needed to make cutting-edge chips, making it a central supplier for the entire industry. When ASML does well, it’s because companies are expecting to sell a lot of semiconductors.
And based on the quarterly earnings released Wednesday morning, the company is doing very well indeed.
The topline figure is $ 39 billion in net sales, which is a lot of money by any standards. Last quarter, ASML brought in $ 15.5 billion worth of new orders, a new record for the company and more than double the orders that came in the quarter before.
In an earnings statement, ASML CEO Christophe Fouquet made it clear the extra demand was coming from AI.
“In the last months, many of our customers have shared a notably more positive assessment of the medium-term market situation, primarily based on more robust expectations of the sustainability of AI-related demand,” Fouquet wrote.
ASML, Europe’s most valuable company, separately announced it plans about 1,700 job cuts, mostly in the Netherlands, with some in the US, as it seeks to streamline the organization. That represents about 4% of the company’s workforce.
