ASML Holding N.V. (NASDAQ:ASML) is one of the AI Stocks Gaining Attention on Wall Street. ASML reported its second-quarter earnings on Wednesday, July 16th. Investors were hopeful that the chip-making equipment supplier would have bookings robust enough to support its 2026 growth ambitions The company itself said at an investor event last November that it

ASML Holding NV Chief Executive Officer Christophe Fouquet walked back his forecast that sales will grow next year, blaming trade disputes and global tensions.

ASML’s revenue rose 24% in the second quarter to €7.7 billion, or $8.95 billion. The consensus estimate projected €7.52 billion. ASML Chief Financial Officer Roger Dassen told investors that the better-than-expected sales increase was partly driven by upgrades made to customers’ EUV equipment.